Retailers Beat Earnings Expectations Amid Tariff Pressure
Several major US retailers beat earnings expectations in Wednesday’s reports, despite pressure from tariffs. T.J. Maxx and Lowe’s saw significant increases in sales and net earnings, while Target reported a decline in sales. T.J. X, the parent company of T.J. Maxx, Marshall’s, and HomeGoods, reported net sales of $14.4 billion, up 7% from last year. … Read more