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TJX Raises Outlook

In the wake of a strong second-quarter performance, TJX Cos. last week raised its earnings guidance for the third quarter and full year.

For the third year, TJX now projects earnings per share of 59 cents to 62 cents, versus previous guidance of 54 cents. For the fiscal year, the company expects earnings of $2.26 and $2.31 per share.

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