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October 11, 2007

Sales climb despite heat, TJX says

TJX Cos., the Framingham-based off-price retailer, reported September sales of $1.8 billion, a 5 percent increase over the same period last year.

The company also reported a 2 percent increase in same-store sales and $11.7 billion in sales for the 35 weeks ended Oct. 6, a 7 percent increase over the same period a year ago.

The company said sales were in line with expectations despite "unseasonably warm weather in many major U.S. markets." The company made no change to its earnings expectations of $.53-$.55 per share.

TJX operates 843 TJ Maxx stores, 733 Marshalls and 280 HomeGoods stores as well as other retail outlets in the U.S. and Canada.

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