TJX reports 7% sales increase

FRAMINGHAM, Mass. The TJX Companies today reported that sales for the four-week period ended Sept. 1, were $1.4 billion, up 7% over the $1.3 billion achieved during the four-week period ended Sept. 2, 2006. For the 30 weeks ended Sept. 1, sales reached $9.9 billion, an 8% increase over last year's $9.2 billion. Consolidated comparable-store sales for the four-week period ended Sept. 1, 2007, increased 4% over last year. For the 30-week period ended Sept. 1, consolidated comparable-store sales increased 4% over last year.

Carol Meyrowitz, president and ceo of TJX stated, "With consolidated comparable-store sales increasing 4% in August, at the high end of our planned range, the quarter is off to a solid start. We enter September with significantly more liquidity than at this time last year and are in an excellent position to chase buying opportunities and provide excellent value to our customers."