Off-price giant The TJX Companies attracted record numbers of bargain-hungry shoppers during the holiday period as the retailer reported record sales and profit sales for the fourth quarter.
For the period ended Jan. 30, net sales at TJX Cos. increased 8% to $8.96 billion, and same-store sales increased 6%.
Net income rose 2.8% to $666.5 million and diluted earnings per share were 99 cents, a 6% increase over the prior year’s 93 cents. Both income and sales exceeded expectations.
Build-A-Bear is adding two new board members whose backgrounds should serve the company well as it moves forward with its transformation plan.
Build-A-Bear announcedthat Tim Kilpin and Sarah Personette have been appointed to the company’s board of directors.
