TJX Companies Feb Conmps Up 3% As Consumers Remain Focused on Value

The TJX Companies, Inc.  disclosed that sales for the four-week period ended Feb. 26, 2011, were $1.5 billion, up 3% over the $1.4 billion achieved during the four-week period ended Feb. 27, 2010. Consolidated comparable store sales for the four-week period ended Feb. 26, 2011 increased 3% over a 10% increase in the same period last year.

“We saw a continuation of strong year-over-year sales gains in the month of February,” said Carol Meyrowitz, CEO of The TJX Companies, Inc. “On a consolidated basis and at The Marmaxx Group, comparable store sales increased 3%, both on top of double-digit increases last year. Further, we continue to see increases in customer traffic, signaling to us that great value remains a top priority for consumers. We’re pleased to be off to a good start in the new year, well positioned to capitalize on the great fashions and brands that we see in the marketplace.”

The TJX Companies, Inc. is a leading off-price retailer of apparel and home fashions in the U.S. and worldwide. The company operates 923 T.J. Maxx, 830 Marshalls, and 336 HomeGoods stores in the United States, 212 Winners, 82 HomeSense and 3 STYLESENSE stores in Canada, and 307 T.K. Maxx and 24 HomeSense stores in Europe.