Clothing & Shoes

TK Maxx owner ups profit guidance amid Q2 sales boost

The discount fashion retailer attributed this to lower freight costs, which increased its net income by 22% to $989m (£777m)

The UK arm of TJX Companies, TK Maxx, has raised its profit guidance for the full-year following a 8% year-on-year increase in sales to $12.8bn (£10bn) for the second quarter ended 29 July. 

Check out our free weekly podcast

Back to top button