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A shopper carries a bag outside a TJ Maxx store in New York, U.S.
Victor J. Blue | Bloomberg | Getty Images
Club holding TJX Companies‘ (TJX) weaker-than-expected sales for its fiscal 2024 first quarter were more than offset by strong expense management, resulting in a beat on profitability — further demonstrating the off-price retailer’s ability to navigate gathering economic headwinds.