TJX's December sales rise
The TJX Companies in Framingham reported their December sales, noting a 10 percent increase in the five-week period ended December 30, 2006 over the same period in 2005.
Sales for the five-week period were $2.5 billion, compared to last year's results of $2.3 billion. For the 48 weeks ended December 30, 2006, sales of $16.4 billion were recorded, a 9 percent increase over last year's $15.0 billion.
Consolidated comparable store sales for the five-week period ended December 30, 2006 rose 6 percent over last year, and for the 48-week period ended December 30, consolidated comparable store sales increased 4 percent over last year's numbers. The company did not release its earnings guidance for its fiscal 2007 fourth quarter.
Said Ben Cammarata, chairman and acting CEO of the TJX Companies: "I am pleased that our consolidated December comparable store sales gain of 6 percent was ahead of our expectations and achieved on top of a very strong comp sales increase last year."
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