June 4, 2009
TJX Sales Up In May
The TJX Cos. Inc. of Framingham, operator of discount stores T.J. Maxx, Marshalls, HomeGoods and A.J. Wright, saw $1.49 billion in sales in the four weeks ended May 31, 4 percent more than for the same period last year.
Consolidated comparable store sales increased 5 percent. The company said those results were better than expected. It said it is having success with a lean inventory strategy that brings new fashions into the stores quickly.
TJX confirmed its anticipated second-quarter earnings per share from continuing operations of $0.43 to $0.49, compared with $0.48 last year.
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