Tuesday, August 16, 2016

UPDATE 3-T.J. Maxx owner's profit forecast disappoints, shares marked down

Aug 16 (Reuters) - TJX Cos Inc, operator of

off-price retail chains T.J. Maxx and Marshalls, forecast a

profit for full year that fell short of analyst estimates as

costs rise due to higher wages and a strong dollar erodes

revenue from outside the United States.

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