May 5, 2011
April TJX Sales Up
Discount clothing and home goods retailer the TJX Cos. Inc. of Framingham saw its April sales numbers rise 9 percent, to $1.7 billion.
Consolidated comparable store sales rose 5 percent for the month, which TJX said exceeded its expectations.
The company said it expects its first-quarter earnings to be on target with the range it projected in February, 75 to 82 cents per share. It has added a 3-cent-per-share negative impact from foreign currency exchanges to its guidance, but said that affect with reverse in the second quarter.
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