The TJX Cos. reported sales for the four-week period ended Nov. 28, 2009, were $1.8 billion, up 15% over the $1.6 billion achieved a year earlier. Consolidated comparable store sales increased 8%
For the 43 weeks ended November 28, 2009, sales reached $16.2 billion, up 6% over the $15.3 billion achieved during the 43-week period last year. For the 43-week, year-to-date period, consolidated comparable store sales increased 5% compared to last year.
Carol Meyrowitz, president and CEO, stated, “We are very pleased with our November consolidated comparable store sales increase of 8%, which was achieved despite unseasonably warm weather during much of the month. The Marmaxx Group, consisting of T.J. Maxx and Marshalls, posted a strong comparable store sales increase of 9% for the month. Business throughout the Thanksgiving week and weekend was strong and our fourth quarter is off to a great start. We are confident in our momentum, and we will be frequently shipping fresh, exciting selections at excellent values to our stores throughout the holiday selling season to meet consumers' gift-giving needs. With the important month of December still ahead of us, we are maintaining our guidance for fourth quarter Fiscal 2010 earnings per share from continuing operations to be in the range of $.65 to $.71.”
