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TJX reports 7 percent increase in Jan. same-store sales

By Chris Reidy

 |  Globe Staff  

  February 02, 2012

TJX Cos., the Framingham retailer that operates such chains as T.J. Maxx, Marshalls, and HomeGoods, said that sales at stores open at least year rose 7 percent in January from a year ago. Such sales, known as same-store sales, are considered a key measure of a retailer’s performance by Wall Street analysts. TJX now expects fourth quarter earnings per share to be at or slightly above the high end of its previously estimated range of $1.19 - $1.23.

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