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Scotts Miracle-Gro Q1 sales rise
Scotts Miracle-Gro posted first-quarter net sales of $205.8 million, up 3% from $199.6 million during the same quarter a year ago.
Sales in the Global Consumer segment in the quarter ended Dec. 29, 2012, were up 3% to $153.2 million, compared with $149.1 million a year ago, attributable to increased volume during the quarter.
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Comps moderate at TJX and Ross
Same store sale decelerated for The TJX Companies and Ross Stores during January even though both companies increased their full year profits forecasts.
TJX, operator of Marshalls and T.J. Maxx stores, said comps increased 3% during the period ended January 28. That figure was better than expected, but less than half the prior year gain of 7%. Sales for the five week period ended February 2 increased nearly 36% to $1.9 billion due to the inclusion of an additional week.