The TJX Companies, Inc. Reports Above-Plan January 2013 Comp Sales; Further Raises Fourth Quarter and Full Year EPS Outlook

  The TJX Companies, Inc. Reports Above-Plan January 2013 Comp Sales; Further
  Raises Fourth Quarter and Full Year EPS Outlook

Business Wire

FRAMINGHAM, Mass. -- February 7, 2013

The TJX Companies, Inc. (NYSE: TJX) today reported January 2013 sales results.
Sales for the five-week fiscal period ended February 2, 2013, were $1.9
billion compared with the $1.4 billion achieved during the four-week period
ended January 28, 2012. For the 53-week fiscal year ended February 2, 2013,
sales reached $25.9 billion, a 12% increase over the $23.2 billion achieved
during the 52-week fiscal year ended January 28, 2012.

Consolidated comparable store sales for the four-week period ended January 26,
2013, increased 3% over a 7% increase achieved in the comparable four-week
period ended January 28, 2012. For the 13-week period ended January 26, 2013,
fourth quarter consolidated comparable store sales increased 4% over the same
period last year. For the 52-week, year-to-date period ended January 26, 2013,
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 very pleased with our 3% consolidated comparable store sales increase
in January, which was above our plan and achieved over 7% growth last year.
Customer traffic once again drove this month’s comp increases across the
board, as consumers continue to be drawn to our great values on great fashions
and brands. With strong sales and margins in January, we are once again
raising our outlook for fourth quarter earnings per share to be approximately
$.80-$.81, a 29%-31% increase over last year. For the full year, we are
raising our guidance for earnings per share to be approximately $2.53-$2.54,
which would represent 25-plus percent growth over the prior year for our $25
billion-plus Company. As we begin a new fiscal year and transition into
spring, our merchandise mix is extremely fresh and we are confident we will
continue to attract more U.S. and international customers with our tremendous
values.”

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 1,036 T.J. Maxx, 904
Marshalls, 415 HomeGoods and 4 Sierra Trading Post stores as well as
SierraTradingPost.com in the United States; 222 Winners, 88 HomeSense, and 14
Marshalls stores in Canada; and 343 T.K. Maxx and 24 HomeSense stores in
Europe. TJX’s press releases and financial information are also available at
www.tjx.com.

January and February 2013 Sales Recorded Calls

A recorded message with more detailed information regarding TJX’s January 2013
sales, operations and business trends is available at www.tjx.com, or by
calling (703) 736-7248 through Thursday, February 14, 2013. The Company
expects to release its February 2013 sales on Thursday, March 7, 2013, at
approximately 8:15 a.m. ET. Concurrent with that press release, a recorded
message with more detailed information regarding TJX’s February sales,
operations and business trends will be available at www.tjx.com, or by calling
(703) 736-7248 through Thursday, March 14, 2013.

Fourth Quarter and Fiscal Year 2013 Conference Call

Additionally, the Company expects to release its Fiscal 2013 fourth quarter
and year-end earnings on Wednesday, February 27, 2013, before 9:30 a.m. ET. At
11:00 a.m. ET that day, Carol Meyrowitz, TJX’s Chief Executive Officer, will
hold a conference call with stock analysts to discuss the Company’s Fiscal
2013 results, operations and business trends, as well as expectations for
Fiscal 2014. A real-time webcast of the call will be available at www.tjx.com.
A replay of the call will also be available at www.tjx.com or by dialing (866)
367-5577 through Wednesday, March 6, 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 and the success of transitions; 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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