The TJX Companies, Inc. reported sales for the four-week period ended January 29, 2005, were $853 million, up 12% over $759 million achieved during the four-week period ended January 31, 2004. For the 52 weeks ended January 29, 2005, sales reached $14.9 billion, an increase of 13% over $13.1 billion achieved during the comparable 52-week period last year. Consolidated comparable store sales for the four-week period ended January 29, 2005, were up 5% over the same period last year. For the 13-week fourth quarter, consolidated comparable store sales increased 4% above last year’s fourth quarter. For the 52-week, year-to-date period, consolidated comparable store sales increased 5% over the comparable 52-week period last year.
Edmond J. English, President and Chief Executive Officer of The TJX Companies, Inc., stated, “We are pleased with our above-plan consolidated comparable store sales performance in January. We are also pleased with our 5% consolidated comparable store sales increase and the 4% comparable store sales increase achieved by The Marmaxx Group for the year. The rebound of fashion in women’s sportswear, as well as our successful expansion of jewelry, accessories and footwear, helped fuel these results at Marmaxx. As we enter the new year, inventories are in excellent shape across all divisions, and we are well positioned to flow fresh spring fashions to our stores throughout the Company.”
