The TJX Companies (TJX) reported earnings of 92 cents per share for the quarter ended Oct. 30, up from 81 cents per share a year earlier.

Net sales rose 5% to $5.5. billion, the discount retailer said in a statement. Sales at stores open at least one year rose 1%.

"I am very pleased with our third quarter overall performance, which exceeded the high end of our expectations," said CEO Carol Meyrowitz.

TJX expects earnings of 89 cents per share to 94 cents per share for the fourth quarter. For the full fiscal year, TJX expects adjusted earnings of $3.33 per share to $3.38 per share.


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