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TJX profit up 17% but disappoints Wall Street

TJX saw net income rise 17 percent in the third quarter, hitting $641 million, on a sales increase of 6 percent to $8.8 billion, the Framingham retailer announced Tuesday.
Despite the rise in sales and profitability, comparable store sales were flat, and TJX's stock price fell by around 4.5 percent through the middle of the afternoon Tuesday.
Sales "were not as strong as we would have liked," TJX President and CE ...

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