TJX Companies Reports Upside in January Sales (TJX)

TJX Companies Reports Upside in January Sales (TJX)


Apparel retailer, The TJX Companies, Inc.(TJX) reported increased January sales on Thursday.

The Framingham, MA based company reported January sales of $1.9 billion, up from $1.4 billion for the same period last year. For the fiscal year ended February 2, 2013, sales were up 12% from last year at $25.9 billion.

For the month of January, consolidated comparable store sales rose by 3%. Sales increased by 7% during the same time period last year. Fourth quarter sales rose by 4% from last year, and full year sales saw a 7% upside.

TJX Companies shares were down 36 cents, or -0.79% during Thursday morning trading. The stock has increased 30% in the past year.

The Bottom Line
Shares of The TJX Companies, Inc.(TJX) have a 1.02% yield, based on Thursday morning’s price of $45.04.

The TJX Companies, Inc.(TJX) is not recommended at this time, holding a DARS™ Rating of 3.4 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

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