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The TJX Companies, Inc. Reports Above-Plan November 2012 Comp Sales

  The TJX Companies, Inc. Reports Above-Plan November 2012 Comp Sales

Business Wire

FRAMINGHAM, Mass. -- November 29, 2012

The TJX Companies, Inc. (NYSE: TJX) today reported November 2012 sales
results. Sales for the four-week period ended November 24, 2012, were $2.2
billion, up 7% over the $2.0 billion achieved during the four-week period
ended November 26, 2011. For the 43-week period ended November 24, 2012, sales
reached $20.3 billion, a 10% increase over the $18.5 billion achieved in the
same period last year. Consolidated comparable store sales for the four-week
period ended November 24, 2012, increased 3% over a 4% increase last year. For
the 43-week, year-to-date period, consolidated comparable store sales
increased 7% over the same period last year.

Carol Meyrowitz, Chief Executive Officer of The TJX Companies, Inc., stated,
“We are pleased that business trends in the second half of the month were
strong, leading to our comp store sales for November coming in higher than we
expected at a 3% increase. Business throughout the Thanksgiving week and
weekend was robust, even as we remained true to our off-price practice of
offering great values every day, and stayed out of the fray of Black Friday
promotions. Customer traffic drove the comp increase again this month as
consumers continued to be drawn to the extreme values on our compelling,
always-fresh, branded merchandise mix. We continue to be excited about our
prospects for December and the fourth quarter: our marketing campaigns will be
seen by more consumers; we have fantastic gift-giving initiatives underway in
our stores; and we’ll be offering amazing values to consumers! The holiday
selling season is off to a very good start, and I am convinced we will
continue to bring new customers into our stores and keep them coming back long
after December.”

About The TJX Companies, Inc.

The TJX Companies, Inc. is the leading off-price retailer of apparel and home
fashions in the U.S. and worldwide. The Company operates 1,039 T.J. Maxx, 912
Marshalls, and 417 HomeGoods stores in the United States; 222 Winners, 88
HomeSense, and 14 Marshalls stores in Canada; and 344 T.K. Maxx and 24
HomeSense stores in Europe. TJX’s press releases and financial information are
also available at www.tjx.com.

November and December 2012 Sales Recorded Calls

A recorded message with more detailed information regarding TJX’s November
2012 sales, operations and business trends is available at www.tjx.com, or by
calling (703) 736-7248 through Thursday, December 6, 2012. The Company expects
to release its December 2012 sales on Thursday, January 3, 2013, at
approximately 8:15 a.m. ET. Concurrent with that press release, a recorded
message with more detailed information regarding TJX’s December sales,
operations and business trends will be available at www.tjx.com, or by calling
(703) 736-7248 through Thursday, January 10, 2013.

Important Information at Website

The Company’s recorded messages and conference calls are available at
www.tjx.com after they are no longer available by telephone. The Company
routinely posts information that may be important to investors in the Investor
Information section at www.tjx.com. The Company encourages investors to
consult that section of its website regularly.

Forward-looking Statement

SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF
1995: Various statements made in this release are forward-looking and involve
a number of risks and uncertainties. All statements that address activities,
events or developments that we intend, expect or believe may occur in the
future are forward-looking statements. The following are some of the factors
that could cause actual results to differ materially from the forward-looking
statements: buying and inventory management; operational expansion and
management of large size and scale; customer trends and preferences; market,
banner, geographic and category expansion; marketing, advertising and
promotional programs; competition; personnel recruitment and retention; global
economic conditions and consumer spending; data security; information systems
and technology; seasonal influences; adverse or unseasonable weather; serious
disruptions and catastrophic events; corporate and banner reputation;
merchandise quality and safety; international operations; merchandise
importing; commodity pricing; foreign currency exchange rates; fluctuations in
quarterly operating results; market expectations; acquisitions and
divestitures; compliance with laws, regulations and orders; changes in laws
and regulations; outcomes of litigation, legal matters and proceedings; tax
matters; real estate activities; cash flow and other factors that may be
described in our filings with the Securities and Exchange Commission. We do
not undertake to publicly update or revise our forward-looking statements even
if experience or future changes make it clear that any projected results
expressed or implied in such statements will not be realized.

Contact:

The TJX Companies, Inc.
Sherry Lang
Senior Vice President
Global Communications
(508) 390-2323
 
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