The TJX Companies May 2004 sales for the four-week period ended May 29, 2004, were $1.1 billion, up 13% over the $975 million achieved during the four-week period ended May 31, 2003. For the seventeen weeks ended May 29, 2004, sales reached $4.5 billion, a 17% increase over last year's $3.8 billion. Consolidated comparable store sales for the four-week period ended May 29, 2004, increased 5% over last year. For the seventeen-week period ended May 29, 2004, consolidated comparable store sales increased 7% over last year.
Edmond J. English, President and Chief Executive Officer of The TJX Companies, Inc., commented, “We are very pleased with our strong performance in May. Demand for fashion across accessories, footwear and women's apparel remained strong and helped fuel results for the month. Our inventories are very liquid and we are well positioned to take advantage of the numerous in-season buying opportunities in the marketplace.”
