TJX (TJX) Comps Rose 5% in May; CEO Says 'Very Comfortable' with Q2 Guidance

June 4, 2009 8:58 AM EDT
The TJX Companies, Inc. (NYSE: TJX) today reported May net sales rose 4% to $1.49 billion. On a comparable store basis, sales rose 5% during the period.

Carol Meyrowitz, President and CEO said TJX is "very comfortable with our previously anticipated range of second quarter earnings per share from continuing operations of $.43 - $.49, compared with $.48 in the prior year."

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Guidance, Retail Sales