Sales up at TJX

April 12, 2007 08:59 AM E-mail| |Comments ()| Text size +

The loss of millions of customer credit- and debit-card records seems to be having little impact on the sales of TJX Cos.

TJX, the Framingham operator of such off-price retail chains as T.J. Maxx and Marshalls, said today that sales for the five-week period ending April 7 were $1.7 billion, up 11 percent over the same five-week period a year ago; sales at stores open at least a year, which TJX refers to as comparable store sales, rose 6 percent.

The company added that for a nine-week period ending April 7, sales reached $2.9 billion, up 9 percent.

TJX disclosed the loss of credit- and debit-card data in mid January.

In a statement today, chief executive Carol Meyrowitz said, "I am pleased that our comparable store sales increase of 6 percent in March exceeded our expectations as we continued to provide great brands, fashion, and value to our customers. Virtually all of our divisions achieved above-plan comparable store sales increases."

Other chains that TJX operates include HomeGoods, A.J. Wright, and Bob's Stores.
(By Chris Reidy, Globe staff)

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