
Off-price retailer The TJX Companies expects FY EPS to be at the upper end of its previous guidance after Q1 profit rose 8%.
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Off-price retailer The TJX Companies expects FY EPS to be at the upper end of its previous guidance after Q1 profit rose 8%.

TJX Companies has seen its fourth-quarter profit jump 27% after increased consumer traffic led to a rise in sales.

TJX Companies has acquired the privately held Cheyenne, Wyo.-based an off-price Internet retailer Sierra Trading Post for $200 million.
Gap Inc. reported that September 2012 net sales increased 8% compared with last year.

Off-price retailer TJX Companies has increased its full-year earnings guidance on the back of strong second-quarter results.

The TJX Companies posted a 57.6% hike in first-quarter profit, helped by “outstanding results” in its US, Canadian and European businesses.

TJX has reported a jump in full-year and fourth-quarter net income as the company announced plans to build its e-commerce operations.

TJX Companies, the operator of the off-price T.J. Maxx and Marshall’s stores, said that Scott Goldenberg will become CFO, replacing Jeffrey Naylor.

TJX, the parent company of the T.J. Maxx and Marshalls off-price stores, announced a series of executive appointments.
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