November 3, 2011
TJX Sales Up
Discount clothing and home goods retailer TJX Cos. Inc. of Framingham reports October sales of $1.9 billion, up 4 percent from the same month last year.
Consolidated comparable-store sales were up 3 percent year-over-year.
The company said the comparable store sales were at the high end of its expected range, and sales picked up in the U.S. as the weather turned colder toward the end of October. It said it expects third quarter earnings to be in the middle of its previously stated range of $1.03 to $1.07 per share.
TJX is the parent company of T.J. Maxx, Marshalls and HomeGoods, as well as other brands in Canada and Europe.
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