The TJX Companies, Inc. (TJX) reported that sales for the four-week period ended March 2, 2013, were $1.8 billion, up 7 percent from $1.6 billion reported during the four-week period ended February 25, prior year. Consolidated comparable store sales for the four-week period ended March 2, 2013, were up 1%.
The company said its business trends picked up at the end of February, leading to comp. store sales coming in higher than expected at a 1% increase. Winter storms in many U.S. and Canadian regions kept customers at home. The company's home businesses, which are less weather sensitive, were strong across the board. The company also reported continued strength across its European businesses.
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