The TJX Companies November 2003 sales results for the four-week period ended November 29, 2003, were $1,269 million, up 10% over $1,150 million achieved during the four-week period ended November 30, 2002. For the 43 weeks ended November 29, 2003, sales reached $10,578 million, a 9% increase over last year's $9,712 million. Consolidated comparable store sales for the four-week period ended November 29, 2003, increased 1% over last year. For the 43-week, year-to-date period, consolidated comparable store sales increased 1% over last year.
Edmond J. English, President and Chief Executive Officer of The
TJX Companies, Inc., stated, “Although we are disappointed that our
November comparable store sales were below our anticipated range, we
are pleased that margins came in stronger than we had expected and are
maintaining our estimate for fourth quarter earnings per share, which
represents significant growth. With this December's additional
pre-Christmas selling day, we are expecting a later holiday selling
season and are well positioned to capitalize upon this by flowing
fresh gift assortments right up until the Christmas holiday.”
The TJX Companies, Inc. is the leading off-price retailer of
apparel and home fashions in the U.S. and worldwide. The Company
operates 749 T.J. Maxx, 674 Marshalls, 182 HomeGoods and 99 A.J.
Wright stores in the United States. In Canada, the Company operates
160 Winners and 25 HomeSense stores, and in Europe, 147 T.K. Maxx
stores. TJX's press releases and financial information are also
available on the Internet at www.tjx.com.
