TJX monthly sales up 5% to $1.8 billion
FRAMINGHAM, Mass. TJX today reported that sales for September were $1.8 billion, up 5% from $1.7 billion last year. Consolidated comparable-store sales for the period increased 2% over last year.
Carol Meyrowitz, president and ceo of TJX stated, "Our consolidated comparable-store sales increase of 2% was in line with expectations and achieved on top of last year's September performance, which was one of the strongest in the company's history. While unseasonably warm weather in many major U.S. markets negatively impacted sales in September, most notably at Marmaxx, we have seen business accelerate significantly where the weather has turned seasonable.
Meyrowitz reaffirmed the company's third quarter earnings guidance to be in the range of 53 cents to 55 cents per share.