TJX Companies (NYSE:TJX) is yet another retailer seeing positive quarterly results. The owner of Marshalls and T.J. Maxx reported net profit of $421.1 million or 56 cents a share, above the 55 cent analyst estimate. Revenue rose 9% from last year to $5.95 billion, just below the street’s estimate of $6 billion.TJX attributes the gain to an increase in shopper traffic and demand for inexpensive designer products. On this positive news, the company now expects full-year earnings in the range of $2.39 to $2.45, an increase from their previous forecast earlier this month.Shares of the company seeing a slight boost in today’s trading. TJX stock is currently up close to a half a percent to $44.41.
