The TJX Companies, Inc. today reported June 2002 sales results.
Sales for the five-week period ended July 6, 2002 were $1,073 million, up 12% over $957 million achieved during the five week period ended July 7, 2001. For the 22 weeks ended July 6, 2002, sales reached $4,667 million, an increase of 15% over last year’s $4,067 million. Consolidated comparable store sales for the five-week period ended July 6, 2002 were 3% above last year. For the 22-week year-to-date period, consolidated comparable store sales increased 5% over last year.
Seifert Systems Invests in Energy Efficiency to Strengthen Operations
For manufacturers, energy is more than just another operating expense. It plays a critical role…
Learn More
“We are pleased with our June sales performance and strong margins which were driven by excellent inventory management and a good flow of merchandise. Each of our divisions ended the month with inventories in excellent shape,” Edmond English, President and Chief Executive Officer of The TJX Companies, Inc. said.
The TJX Companies, Inc. is the leading off-price retailer of apparel and home fashions in the U.S. and worldwide. The Company operates 701 T.J. Maxx, 599 Marshalls, 132 HomeGoods and 56 A.J. Wright stores in the United States. In Canada, the Company operates 137 Winners and 11 HomeSense stores, and in Europe, 110 T.K. Maxx stores.
