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Despite key stakeholders selling shares, TJX reported strong Q1 earnings, exceeding expectations.
Iowa State Bank and other investors reduced their stakes in TJX Companies this year.
TJX reported strong Q1 results, with revenue of $13.11 billion and earnings of $0.92 per share, both beating analysts' expectations.
CEO Ernie Herrman also sold shares, netting over $2.8 million.
Analysts predict TJX will post 4.18 EPS for the year, with a consensus "Moderate Buy" rating and a target price of $140.65.
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A pesar de que las principales partes interesadas vendieron acciones, TJX informó fuertes ganancias en el primer trimestre, superando las expectativas.