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TJX Sales Up 9 Percent In June

Framingham-based TJX Cos. Inc. announced sales increases for June, with total sales up 9 percent at $2.3 billion, compared to $2.1 billion in June 2011.

Meanwhile, consolidated comparable store sales increased 7 percent year over year.

The off-price apparel and home fashions retailer, which owns T.J. Maxx, Marshalls, and HomeGoods stores, also reported total sales of $10 billion for the year so far, which marks a 10-percent increase from the $9.1 billion achieved in the same period last year.

Given upward sales trends, the company expects second-quarter earnings per share to exceed the previously estimated range of $0.47 to $0.50, at $0.52 to $0.53 per share, according to CEO Carol Meyrowitz. TJX has also raised its earnings guidance for the full year to between $2.31 and $2.39 per share.

Meyrowitz said growth occurred in all of the company’s markets, including the U.S., Canada and Europe.

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“We are very well positioned to buy into the opportunities we are seeing in the marketplace and offer consumers exciting brands and fashions at great values,” Meyrowitz said.

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