TJX Cos. lowered its fiscal year GAAP earnings to reflect a pension settlement charge. Excluding the charge and other expenses, the retailer said it raised its adjusted profit goals on a split-adjusted basis. "TJX Companies Reports Higher Sales, Slashes Outlook" at 8:59 a.m. and an update at 12:46 p.m. and "Rising Sales Give Retailers Hope Ahead of Holiday Season" updates at 9:22 a.m. and 11:24 a.m., incorrectly said TJX slashed its profit goals amid higher inventory and expenses. (Nov. 20, 2018)

(END) Dow Jones Newswires

November 20, 2018 15:37 ET (20:37 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.
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