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TJX August Same-Store Sales Flat

9/4/2008

Framingham, Mass. TJX Cos. said Thursday its same-store sales were flat in August.

Total sales in the month rose 4% to $1.5 billion, from $1.4 billion in August 2007.

The company said results were hurt unexpectedly by the foreign exchange rate. The company also had leaner clearance merchandise during the month.

Year to date, same-store sales rose 3% while total sales rose 6% to $10.4 billion.

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