Off-price retailer TJX lifts annual profit forecast on strong demand, lower costs

(Reuters) – TJX Cos raised its annual profit forecast on Wednesday, banking on easing costs and robust demand.

The company expects annual earnings per share to be in the range of $4.03 to $4.09, compared with its prior forecast of $3.94 to $4.02.

(Reporting by Anuja Bharat Mistry in Bengaluru; Editing by Shinjini Ganguli)