Leading off-price apparel retailer The TJX Companies Inc reported August 2005 sales results. Sales for the four-week period ended August 27, 2005, were $1.2 billion, up 8 percent over $1.1 billion achieved during the four-week period ended August 28, 2004.
For the 30 weeks ended August 27, 2005, sales reached $8.5 billion, an 8 percent increase over last year's $7.9 billion. Consolidated comparable store sales for the four-week period ended August 27, 2005, increased 2 percent over last year. For the 30-week, year-to-date period, consolidated comparable store sales increased 2 percent over last year.
Edmond J. English, President and Chief Executive Officer of The TJX Companies Inc, stated, "Companies comparable store sales increase of 2 percent was in line with expectations for August. Overall, they saw sales trends improve as the month progressed and they are well positioned for the balance of the fall season."
The TJX Companies Inc is the leading off-price retailer of apparel and home fashions in the U.S. and worldwide. The Company operates 780 T.J. Maxx, 703 Marshalls, 230 HomeGoods, and 146 A.J. Wright stores, as well as 35 Bob's Stores, in the United States.
The Company also operates two e-commerce sites, www.tjmaxx.com and www.homegoods.com. In Canada, the Company operates 168 Winners and 48 HomeSense stores, and in Europe, 185 T.K. Maxx stores.
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