(Source: Business Wire)
The TJX Companies, Inc. (NYSE: TJX) today reported August 2009 sales results. Sales for the four-week period ended August 29, 2009, were $1.6 billion, up 6% over the $1.5 billion achieved during the four-week period ended August 30, 2008. For the 30 weeks ended August 29, 2009, sales reached $10.7 billion, up 3% over the $10.4 billion achieved during the 30-week period last year. Consolidated comparable store sales increased 5% compared to last year for the four-week period ended August 29, 2009. For the 30-week, year-to-date period, consolidated comparable store sales increased 3% compared to last year.
Carol Meyrowitz, President and Chief Executive Officer of The TJX Companies, Inc., stated, "Our strong sales momentum continued in August, with consolidated comparable store sales up 5% for the month, which was better than we had planned. Despite the tough economy, customer traffic counts remain extremely high. The marketplace is full of exciting merchandise and our stores continue to offer fresh selections of great brands and values for the back-to-school selling season. While still early, September is off to a solid start and merchandise margins continue to be strong. We are excited about our opportunities for the back half of the year and remain focused on the execution of our flexible, off-price business model."
The TJX Companies, Inc. is the leading off-price retailer of apparel and home fashions in the U.S. and worldwide. The Company operates 884 T.J. Maxx, 814 Marshalls, 323 HomeGoods, and 145 A.J. Wright stores in the United States. In Canada, the Company operates 207 Winners, 76 HomeSense and 3 STYLESENSE stores, and in Europe, 247 T.K. Maxx and 10 HomeSense stores. TJX's press releases and financial information are also available on the Internet at www.tjx.com.
August and September Fiscal 2010 Sales Recorded Calls
A recorded message with more detailed information regarding TJX's August 2009 sales results, operations and business trends is available via the Internet at www.tjx.com, or by calling (703) 736-7248 through Thursday, September 10, 2009. The Company expects to release its September 2009 sales results on Thursday, October 8, 2009, at approximately 8:15 a.m. ET. Concurrent with that press release, a recorded message with more detailed information regarding TJX's September sales results, operations and business trends will be available via the Internet at www.tjx.com, or by calling (703) 736-7248 through Thursday, October 15, 2009.
