The TJX Companies, Inc. sales for the month ended May 27, 2006, were $1.3 billion, up 9% over the $1.2 billion achieved during the four-week period ended May 28, 2005. For the 17 weeks ended May 27, 2006, sales reached $5.2 billion, a 7% increase over last year’s $4.8 billion. Consolidated comparable store sales for the month ended May 27, 2006, increased 4% over last year. For the 17-week period ended May 27, 2006, consolidated comparable store sales increased 2% over last year.
Ben Cammarata, Chairman and Acting Chief Executive Officer of The TJX Companies, Inc., stated, “Our consolidated comparable store sales increase in May of 4% was at the high end of our expectations. Our liquid inventory position allowed us to buy into market trends which, along with improved performance at several of our smaller divisions, helped drive comp sales. We continue to expect second quarter earnings per share in the range of $.24 – $.26.”
