Q4 sales and earnings increase at TJX Companies

The TJX Companies, Inc. has announced that net sales for the fourth quarter increased 10 percent to 12.2 billion dollars, while consolidated comparable store sales increased 6 percent over a 6 percent increase last year. Net income for the fourth quarter was 985 million dollars and diluted earnings per share were 81 cents, a 19 percent increase versus the prior year’s 68 cents.