The TJX Companies, Inc. saw sales in July increase 9% to $1.2 billion from $1.1 billion one year-ago. For the year-to-date period, sales reached $7.9 billion, an 8% increase over last year’s $7.3 billion. Consolidated comparable store sales for the four-week period ended July 29, 2006, increased 4% over last year. For the 13-week second quarter, comparable store sales increased 4% over last year. For the 26-week, year-to-date period, consolidated comparable store sales increased 3% over last year.
Ben Cammarata, Chairman and Acting Chief Executive Officer of The TJX Companies, Inc., stated, “Our July consolidated comparable store sales increase of 4% was above our expectations, driven by on-plan performance at The Marmaxx Group and strong performance across most of our smaller divisions. With continued strong performance in July, we now expect second quarter earnings per share slightly above the high end of our originally anticipated range of $.24 – $.26.”
