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TJX shares fell in early Wednesday trading despite a strong holiday season start as its guidance disappointed Wall Street expectations. The retailer exceeded Wall Street's third-quarter expectations but issued holiday earnings guidance below forecasts. CEO Ernie Herrman credited increased customer transactions and the company's unique shopping experience for driving comparable sales growth. Despite concerns that warm weather could reduce apparel sales for TJX and other off-price retailers, the impact on TJX's sales was minimal.

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00:00It's Benzinga bringing Wall Street to Main Street. TJX shares fell in early Wednesday trading despite
00:05a strong holiday season start as its guidance disappointed Wall Street expectations. The
00:10retailer exceeded Wall Street's third quarter expectations but issued holiday earnings
00:14guidance below the forecast. CEO Ernie Herman credited increased consumer transactions and
00:19the company's unique shopping experience for driving comparable sales growth. Despite concerns
00:24that warm weather could reduce apparel sales for TJX and other off-price retailers, the impact
00:30of TJX's sales were minimal. For all things money visit Benzinga.com slash GSTV.

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