The TJX Companies, Inc. Reports February 2013 Sales

  The TJX Companies, Inc. Reports February 2013 Sales

Business Wire

FRAMINGHAM, Mass. -- March 7, 2013

The TJX Companies, Inc. (NYSE: TJX) today reported February 2013 sales
results. Sales for the four-week period ended March 2, 2013, were $1.8
billion, up 7% over the $1.6 billion achieved during the four-week period
ended February 25, 2012. Consolidated comparable store sales for the four-week
period ended March 2, 2013, were up 1%.

Carol Meyrowitz, Chief Executive Officer of The TJX Companies, Inc., stated,
“Business trends picked up at the very end of the month, leading to our
February comp store sales coming in higher than expected at a 1% increase.
Winter storms in many U.S. and Canadian regions kept customers at home, but we
were pleased to see our momentum continue in warmer weather markets. Further,
our home businesses, which are less weather sensitive, were strong across the
board. We are also happy with the continued strength of our European
businesses. As we move through the spring selling season, we are in an
excellent position to continue shipping great brands and fresh fashions to our
stores at extreme 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, 416 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 348 T.K. Maxx and 24 HomeSense stores in
Europe. TJX’s press releases and financial information are also available at
www.tjx.com.

February and March 2013 Sales Recorded Calls

A recorded message with more detailed information regarding TJX’s February
2013 sales, operations and business trends is available at www.tjx.com, or by
calling (703) 736-7248 through Thursday, March 14, 2013. The Company expects
to release its March 2013 sales on Thursday, April 11, 2013, at approximately
8:15 a.m. ET. Concurrent with that press release, a recorded message with more
detailed information regarding TJX’s March sales, operations and business
trends will be available at www.tjx.com, or by calling (703) 736-7248 through
Thursday, April 18, 2013.

Discontinuing Monthly Sales Reporting

The Company recently announced that beginning with the Fiscal 2014 second
quarter, it will no longer report monthly sales, consistent with the retail
industry trend. The Company will continue its current practices through the
end of the Fiscal 2014 first quarter, reporting sales for March and April, and
move to a quarterly reporting schedule thereafter. The Company believes that
this is the right practice for TJX and its shareholders, reflecting the
long-term approach it takes in planning and running its business.

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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