*SCALPSWINGSTRADDLE*

[bobirw]

TJX sees Q3 EPS ex-items $1.00-1.02, consensus $1.23
For Q3, TJX expects diluted earnings per share to be in the range of $1.18 to $1.20. Excluding an expected benefit of approximately $.18 per share due to items related to the 2017 Tax Cuts and Jobs Act, the Company expects adjusted earnings per share to be in the range of $1.00 to $1.02, compared to $1.00 last year. This guidance assumes that foreign currency will negatively impact EPS growth by approximately 4% and that wage increases will negatively impact EPS growth by an additional 2%. This EPS outlook is based upon estimated consolidated comparable store sales growth of 2% to 3% and Marmaxx comparable store sales growth of 3% to 4%