The TJX Companies, Inc. reported May 2003 sales results. Sales for the four-week period ended May 31, 2003, were $975 million, up 10% over $884 million achieved during the four-week period ended June 1, 2002. Consolidated comparable store sales for the four-week period ended May 31, 2003, increased 3% over last year.
For the seventeen weeks ended May 31, 2003, sales reached $3,816 million, a 6% increase over last year’s $3,594 million. For the seventeen-week period ended May 31, 2003, consolidated comparable store sales decreased 1% versus a strong 6% increase last year.
Edmond J. English, President and Chief Executive Officer of The TJX Companies, Inc., commented, “We achieved a 3% comparable store sales increase on a consolidated basis despite the unseasonably cool weather that prevailed in many regions of the country. We continue to make great buys in the marketplace and are flowing fresh and exciting merchandise to our stores every week.”