Want to join the conversation?
$TJX said the company is expecting pre-tax profit margin for FY17 to be in the range of 10.9-11.1% compared to 11.8% in FY16 and gross profit margin is expected to be in the range of 28.3-28.5% compared to 28.8% last year. At TJX International $TJX is expecting a comp increase of 2-3% on sales of $4.6Bil.
$BABA seems to be on a roll! But increasing its yearly sales outlook from 48% to 54% seems over-expectation from the company's part, doesn't it?
$JNJ down 2% in pre-market trading. Earnings beat expectations, but sales disappointed. Johnson is cautious on its outlook. How it will perform in the future?