TJX Companies (TJX) Nov Comps Up 7%

The TJX Companies, Inc. (NYSE: TJX) said consolidated comparable store sales for the four-week period ended December 1, 2007, increased 7% over last year. Total sales for the four-week period ended December 1, 2007, were $1.8 billion, up 10%.

Carol Meyrowitz, President and Chief Executive Officer of The TJX Companies, Inc., stated, "Our consolidated comparable store sales increase of 7% in November was above our expectations and a solid start to the fourth quarter. We are focused on flowing fresh, exciting gift-giving merchandise into our stores throughout this holiday season. Our continued discipline in maintaining a liquid inventory position allows us to take advantage of the plentiful buying opportunities in the marketplace."

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