July 12, 2007
TJX sales strong, but hack still nags
By Matthew L. Brown
The TJX Cos. Inc., the Framingham-based parent of TJ Maxx, Marshalls, HomeGoods, Bob's Stores and other retailers, said it expects second-quarter earnings per share of between $0.34 and $0.36.
That's an increase of between 17 percent and 24 percent over last year's second quarter earnings, but between $0.02 and $0.03 less than it would be if the company didn't have to pay for computer system intrusions that resulted in the loss of credit card data of millions of customers.
TJX reported June sales of $1.7 billion, a 9 percent increase over results from last June.
That's an increase of between 17 percent and 24 percent over last year's second quarter earnings, but between $0.02 and $0.03 less than it would be if the company didn't have to pay for computer system intrusions that resulted in the loss of credit card data of millions of customers.
TJX reported June sales of $1.7 billion, a 9 percent increase over results from last June.
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