The TJX Companies, Inc. sales for the month of March were $1.7 billion, up 11% over the $1.5 billion achieved during the same period last year. For the nine weeks ended April 7, 2007, sales reached $2.9 billion, a 9% increase over last year's $2.6 billion. Consolidated comparable store sales for the five-week period ended April 7, 2007, increased 6% over last year. For the nine-week, year-to-date period, consolidated comparable store sales increased 5% over last year.
Carol Meyrowitz, President and Chief Executive Officer of The TJX Companies, Inc., stated, “I am pleased that our comparable store sales increase of 6% in March exceeded our expectations, as we continued to provide great brands, fashion and value to our customers. Virtually all of our divisions achieved above-plan comparable store sales increases. Looking forward, we continue to have great liquidity in our inventories and are well positioned to take advantage of market opportunities.”
