The TJX Companies, Inc. saw sales of $2.5 billion for the month of December, representing a 10% increase over the $2.3 billion achieved during the five-week period ended December 31, 2005. For the 48 weeks ended December 30, 2006, sales reached $16.4 billion, a 9% increase over last year's $15.0 billion. Consolidated comparable store sales for the five-week period ended December 30, 2006, increased 6% over last year. For the 48-week period ended December 30, 2006, consolidated comparable store sales increased 4% over last year. The company is not providing earnings guidance for its fiscal 2007 fourth quarter at this time.
Ben Cammarata, Chairman and Acting Chief Executive Officer of The TJX Companies, Inc., stated, “I am pleased that our consolidated December comparable store sales gain of 6% was ahead of our expectations and achieved on top of a very strong comp sales increase last year. We believe our gift-giving initiatives and increased marketing helped to drive traffic and sales for the month.”
