logo
Share SHARE
FONT-SIZE Plus   Neg

TJX Companies Feb. Comps. Rise 9% - Quick Facts

TJX Companies Inc. (TJX) said its February 2012 consolidated comparable store sales went up 9% compared with last year. Sales for the four-week period were $1.6 billion, up 12% over the $1.5 billion recorded in the year-ago period.

The company believes that the very favorable weather patterns during the month helped boost demand for spring apparel, as well as pleased with the higher traffic across all of its divisions, driving strong performance across the board.

Chief Executive of TJX Companies Inc. stated, "With inventories in terrific shape, we are extremely well positioned to continue to bring great brands and fashions at compelling values to our customers."

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Senator Lisa Murkowski, R-Alaska, has expressed support for repealing Obamacare's individual mandate, a key provision Senate Republicans are hoping to use to offset the cost of their tax reform bill. The Congressional Budget Office estimates repealing the requirement that nearly all Americans purchase... Automotive startup Divergent 3D said that a Chinese-led investment syndicate has agreed to commit up to $107 million in financing through a new investment round. Hong Kong-based investment holding company, O Luxe Holdings Limited, led the investment group, which includes Horizons Ventures, Shanghai Alliance Investment Limited and Altran Technologies. Apple Inc. has recently acquired Canada-based startup Vrvana, maker of the Totem augmented reality headset, TechCrunch reported. Both the companies reportedly declined to confirm news about the deal, which is reportedly worth $30 million.
comments powered by Disqus
Follow RTT