The TJX Companies, Inc. (TJX) CEO Ernie Herrman on Q1 2023 Results - Earnings Call Transcript

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Q1: 2022-05-18 Earnings Summary

10-Q
EPS of $0.68 beats by $0.08 | Revenue of $11.41B (13.08% Y/Y) misses by $174.47M

The TJX Companies, Inc. (NYSE:TJX) Q1 2023 Results Conference Call May 18, 2022 11:00 AM ET

Company Participants

Ernie Herrman - President and CEO
Debra McConnell - SVP, Global Communications
Scott Goldenberg - CFO

Conference Call Participants

Paul Lejuez - Citi
Matthew Boss - JPMorgan
Kimberly Greenberger - Morgan Stanley
Michael Binetti - Credit Suisse
Omar Saad - Evercore ISI
Irwin Boruchow - Wells Fargo
Adrienne Yih - Barclays

Operator

Ladies and gentlemen, thank you for standing by. Welcome to The TJX Companies First Quarter Fiscal 2023 Financial Results Conference Call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session. [Operator Instructions] As a reminder, this conference call is being recorded, May 18, 2022.

I would now like to turn the conference call over to Mr. Ernie Herrman, Chief Executive Officer and President of The TJX Companies, Inc. Please go ahead, sir.

Ernie Herrman

Thanks, Bessie. Before we begin, Deb has some opening comments.

Debra McConnell

Thank you, Ernie, and good morning.

The forward-looking statements we make today about the Company’s results and plans are subject to risks and uncertainties that could cause the actual results and the implementation of the Company’s plans to vary materially. These risks are discussed in the Company’s SEC filings, including, without limitation, the Form 10-K filed March 30, 2022.

Further, these comments and the Q&A that follows are copyrighted today by The TJX Companies, Inc. Any recording, retransmission, reproduction or other use of the same for profit or otherwise without prior consent of TJX is prohibited and a violation of the United States copyright and other laws. Additionally, while we have approved the publishing of a transcript of this call by a third party, we take no responsibility for inaccuracies that may appear in that transcript.

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