FRAMINGHAM, Mass.--(BUSINESS WIRE)--Feb. 7, 2013--
The TJX Companies, Inc. (NYSE: TJX) today reported January 2013 sales
results. Sales for the five-week fiscal period ended February 2, 2013,
were $1.9 billion compared with the $1.4 billion achieved during the
four-week period ended January 28, 2012. For the 53-week fiscal year
ended February 2, 2013, sales reached $25.9 billion, a 12% increase over
the $23.2 billion achieved during the 52-week fiscal year ended January
Consolidated comparable store sales for the four-week period ended
January 26, 2013, increased 3% over a 7% increase achieved in the
comparable four-week period ended January 28, 2012. For the 13-week
period ended January 26, 2013, fourth quarter consolidated comparable
store sales increased 4% over the same period last year. For the
52-week, year-to-date period ended January 26, 2013, consolidated
comparable store sales increased 7% over the same period last year.
Carol Meyrowitz, Chief Executive Officer of The TJX Companies, Inc.,
stated, “We are very pleased with our 3% consolidated comparable store
sales increase in January, which was above our plan and achieved over 7%
growth last year. Customer traffic once again drove this month’s comp
increases across the board, as consumers continue to be drawn to our
great values on great fashions and brands. With strong sales and margins
in January, we are once again raising our outlook for fourth quarter
earnings per share to be approximately $.80-$.81, a 29%-31% increase
over last year. For the full year, we are raising our guidance for
earnings per share to be approximately $2.53-$2.54, which would
represent 25-plus percent growth over the prior year for our $25
billion-plus Company. As we begin a new fiscal year and transition into
spring, our merchandise mix is extremely fresh and we are confident we
will continue to attract more U.S. and international customers with our
About The TJX Companies, Inc.
The TJX Companies, Inc. is the leading off-price retailer of apparel and
home fashions in the U.S. and worldwide. The Company operates 1,036 T.J.
Maxx, 904 Marshalls, 415 HomeGoods and 4 Sierra Trading Post stores as
well as SierraTradingPost.com
in the United States; 222 Winners, 88 HomeSense, and 14 Marshalls stores
in Canada; and 343 T.K. Maxx and 24 HomeSense stores in Europe. TJX’s
press releases and financial information are also available at www.tjx.com.
January and February 2013 Sales Recorded Calls
A recorded message with more detailed information regarding TJX’s
January 2013 sales, operations and business trends is available at www.tjx.com,
or by calling (703) 736-7248 through Thursday, February 14, 2013. The
Company expects to release its February 2013 sales on Thursday, March 7,
2013, at approximately 8:15 a.m. ET. Concurrent with that press release,
a recorded message with more detailed information regarding TJX’s
February sales, operations and business trends will be available at www.tjx.com,
or by calling (703) 736-7248 through Thursday, March 14, 2013.
Fourth Quarter and Fiscal Year 2013 Conference
Additionally, the Company expects to release its Fiscal 2013 fourth
quarter and year-end earnings on Wednesday, February 27, 2013, before
9:30 a.m. ET. At 11:00 a.m. ET that day, Carol Meyrowitz, TJX’s Chief
Executive Officer, will hold a conference call with stock analysts to
discuss the Company’s Fiscal 2013 results, operations and business
trends, as well as expectations for Fiscal 2014. A real-time webcast of
the call will be available at www.tjx.com.
A replay of the call will also be available at www.tjx.com
or by dialing (866) 367-5577 through Wednesday, March 6, 2013.
Important Information at Website
The Company’s recorded messages and conference calls are available at www.tjx.com
after they are no longer available by telephone. The Company routinely
posts information that may be important to investors in the Investor
Information section at www.tjx.com.
The Company encourages investors to consult that section of its website
SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT
OF 1995: Various statements made in this release are forward-looking and
involve a number of risks and uncertainties. All statements that address
activities, events or developments that we intend, expect or believe may
occur in the future are forward-looking statements. The following are
some of the factors that could cause actual results to differ materially
from the forward-looking statements: buying and inventory management;
operational expansion and management of large size and scale; customer
trends and preferences; market, banner, geographic and category
expansion; marketing, advertising and promotional programs; competition;
personnel recruitment and retention; global economic conditions and
consumer spending; data security; information systems and technology;
seasonal influences; adverse or unseasonable weather; serious
disruptions and catastrophic events; corporate and banner reputation;
merchandise quality and safety; international operations; merchandise
importing; commodity pricing; foreign currency exchange rates;
fluctuations in quarterly operating results; market expectations;
acquisitions and divestitures and the success of transitions; compliance
with laws, regulations and orders; changes in laws and regulations;
outcomes of litigation, legal matters and proceedings; tax matters; real
estate activities; cash flow and other factors that may be described in
our filings with the Securities and Exchange Commission. We do not
undertake to publicly update or revise our forward-looking statements
even if experience or future changes make it clear that any projected
results expressed or implied in such statements will not be realized.
Source: The TJX Companies, Inc.
The TJX Companies, Inc.
Senior Vice President