The TJX Companies Inc reported June 2006 sales results. Sales for the five-week period ended July 1, 2006, were $1.6 billion, up 9 percent over the $1.4 billion achieved during the five-week period ended July 2, 2005.
For the 22 weeks ended July 1, 2006, sales reached $6.7 billion, an 8 percent increase over last year's $6.2 billion. Consolidated comparable store sales for the five-week period ended July 1, 2006, increased 4 percent over last year. For the 22-week, year-to-date period, consolidated comparable store sales increased 2 percent over last year.
Ben Cammarata, Chairman and Acting Chief Executive Officer of The TJX Companies, Inc., stated, "Our June comparable store sales increase of 4 percent was above our expectations, and was driven by strong performance across most of our smaller divisions and on-plan performance at The Marmaxx Group. With the strength of June sales, we now expect to achieve second quarter earnings per share at or slightly above the high end of our previously anticipated range of $.24 - $.26. As we move through the summer selling season, we will continue to utilize our liquid inventory position to buy into current market trends."
A recorded message with more detailed information regarding TJX's June 2006 sales results, operations and business trends is available via the Internet at www.tjx.com, or by calling (703) 736-7248 through Thursday, July 13, 2006. The Company expects to release its July 2006 sales results onThursday, August 3, 2006, at approximately 8:15 a.m. ET. Concurrent with that press release, a recorded message with more detailed information regarding TJX's July sales results, operations and business trends will be available via the Internet at www.tjx.com, or by calling (703) 736-7248 through Thursday, August 10, 2006.
The TJX Companies Inc is the leading off-price retailer of apparel and home fashions in the U.S. and worldwide. The Company operates 807 T.J. Maxx, 729 Marshalls, 261 HomeGoods, and 156 A.J. Wright stores, as well as 35 Bob's Stores, in the United States. In Canada, the Company operates 178 Winners and 61 HomeSense stores, and in Europe, 202 T.K. Maxx stores.
marketing@alchempro.com
