The TJX Companies, Inc. Reports Consolidated Sales Results for the Five-Week and Forty Eight-Week Period Ended December 29, 2012; Raises Earnings Guidance for the Fourth Quarter and Full Year of 2012
January 03, 2013 at 01:59 pm
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The TJX Companies, Inc. reported consolidated sales results for the five-week and forty eight-week period ended December 29, 2012. The company reported sales for the five-week period ended December 29, 2012, were $3.6 billion, up 10% over the $3.3 billion achieved during the five-week period ended December 31, 2011. Consolidated comparable store sales increased 6% over an 8% increase last year.
For the forty eight-week period, the company reported sales of $23.9 billion, a 10% increase over the $21.8 billion achieved in the same period last year. Consolidated comparable store sales increased 7% over the same period last year.
With strong sales and margins in December, the company is raising its outlook for fourth quarter earnings per share to be in the range of $0.77-$0.78, a 24%-26% increase over last year.
For the full year, the company is raising its guidance and now expect earnings per share to be in the range of $2.50-$2.51, representing 20% plus growth over last year.
The TJX Companies, Inc. is No. 1 in America of discount retail distribution of clothing and household items. Net sales break down by family of products as follows:
- apparel and accessories (46%);
- home goods (39%): home furnishings, lamps, rugs decorative accessories, etc.;
- jewelery and accessories (15%).
At 30/01/2021, the group had a network of 4,572 stores located in the United States (3,305, of which 1,271 T.J. Maxx, 1,131 Marshalls, 821 HomeGoods, 48 Sierra and 34 Homesense), Canada (525, of which 280 Winners, 143 HomeSense and 102 Marshalls), Europe and Australia (742, of which 602 T.K. Maxx, 78 HomeSense and 62 Trade Secret).
Net sales are distributed geographically as follows: the United States (79.2%), Europe and Australia (12%) and Canada (8.8%).
The TJX Companies, Inc. Reports Consolidated Sales Results for the Five-Week and Forty Eight-Week Period Ended December 29, 2012; Raises Earnings Guidance for the Fourth Quarter and Full Year of 2012
THE TJX COMPANIES 
