Off-price retailer The TJX Companies Inc has reported February 2006 sales results.
Sales for the four-week period ended February 25th 2006 were $1.1 billion, up 6 percent over the $1.0 billion achieved during the four-week period ended February 26th 2005. Consolidated comparable store sales for the four-week period ended February 25th 2006, increased 1 percent over last year.
Ben Cammarata, Chairman and Acting CEO of The TJX Companies Inc, said, "We planned February sales conservatively, given last year's very strong results, and our 1 percent consolidated comparable store sales increase was in line with our expectations."
"We remain focused on executing the fundamentals of our off-price concept, including off-price buying and maintaining a constant flow of fresh and exciting merchandise to our stores, and we continue to make solid progress in this regard," he added.
The TJX Companies Inc is the leading off-price retailer of apparel and home fashions in the US and worldwide. It operates 799 T.J. Maxx, 715 Marshalls, 251 HomeGoods and 152 A.J. Wright stores, as well as 35 Bob's Stores, in the United States.
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