Shares of The TJX Cos. Inc. rose 2.4 percent after the company posted first-quarter results and raised its full-year outlook.
Net income for the three months ended May 5 rose 33.6 percent to $716.4 million, or $1.13 a diluted share, from $536.3 million, or 82 cents, a year ago. On an adjusted basis, diluted EPS was 96 cents. Net sales climbed 11.7 percent to $8.69 billion from $7.78 billion. The company said consolidated comparable-store sales rose 3 percent for the quarter. The retailer also said gross profit margin for the quarter was 28.9 percent, down 0.1 percentage point from the year ago quarter.
Ganni turned over a new leaf for spring 2019, reports @fionawsma from Copenhagen Fashion Week. Instead of sending its signature floral-print dresses down the runway, the brand collaborated with 66 North, a technical outerwear brand, and produced a chic-yet-utilitarian offering that included a tie-dye vest and short set, and leopard-print pieces sprinkled among the khaki parkas and bucket hats. #wwdfashion #ganni #copenhagenfashionweek
“I love ‘Kudos’ by Rachel Cusk that just came out,” said @katieholmes212 of what’s on her summer reading list. Head to WWD.com to read which books @lilireinhart, @dakotafanning and more are picking up this summer. #wwdeye (📷: @kukukuba)
“I’ve been an actress since I was like 10 or 12, and then I went to drama school. I have a technique, and I have a process that I bring to every role. And I can talk about it, but that kind of makes it less magic, and also when I talk about it, it makes me feel like I’m full of myself,” ‘Crazy Rich Asians Star’ Constance Wu tells @leighen .(📸: @emmanmontalvan: styled by @micaelaerlanger ) #wwdeye #crazyrichasians #constancewu