The TJX Companies April 2004 sales for the four-week period ended May 1, 2004, were $1,093 million, up 14% over the $956 million achieved during the four-week period ended May 3, 2003. For the thirteen weeks ended May 1, 2004, sales reached $3,353 million, an 18% increase over last year's $2,841 million. Consolidated comparable store sales for the four-week period ended May 1, 2004, increased 5% over last year. For the thirteen-week period ended May 1, 2004, consolidated comparable store sales increased 8% over last year.
Edmond English, President and Chief Executive Officer of The TJX Companies, Inc., commented, “We are pleased that our comp sales increase in April was in line with our expectations, with continued favorable customer response to our exciting spring fashions at great values. We remain comfortable in our ability to achieve first quarter earnings per share that are slightly above the range we anticipated at the outset of the quarter, which represents a significant increase over last year's results. Our inventories are in great shape and we are in a very liquid open-to-buy position, which allows us to continue to take advantage of the numerous buying opportunities in the marketplace.”
