April 10, 2008
Early Easter Bunny, Fewer Sales For TJX
By Eileen Kennedy
An early Easter and unseasonably cold weather tamped down same-store store sales in the weeks leading up to the holiday, according to the TJX Cos. Inc. of Framingham.
TJX reported relatively flat sales of $1.73 billion, a 2 percent increase compared to last year, for the five-week period that ended April 5.
For the nine-week period that ended April 5, TJX reported a 4 percent sales increase to $3 billion over the same period last year.
The company expects earnings per share to be slightly lower than its original forecast of $.40 per share.
TJX reported relatively flat sales of $1.73 billion, a 2 percent increase compared to last year, for the five-week period that ended April 5.
For the nine-week period that ended April 5, TJX reported a 4 percent sales increase to $3 billion over the same period last year.
The company expects earnings per share to be slightly lower than its original forecast of $.40 per share.
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