Tag Archives: Reports March

Business, Finance, Occupation & Industry

The TJX Companies, Inc. Reports March 2013 Sales

Leave a comment

By Business Wirevia The Motley Fool

Filed under:


The TJX Companies, Inc. Reports March 2013 Sales

FRAMINGHAM, Mass.–(BUSINESS WIRE)– The TJX Companies, Inc. (NYS: TJX) today reported March 2013 sales results. Sales for the five-week period ended April 6, 2013, were $2.4 billion, up 5% over the $2.3 billion achieved during the five-week period ended March 31, 2012. For the nine-week period ended April 6, 2013, sales reached $4.2 billion, a 6% increase over the $4.0 billion achieved during the nine-week period ended March 31, 2012. Consolidated comparable store sales for the five-week period ended April 6, 2013, were down 2%. For the nine-week period ended April 6, 2013, consolidated comparable store sales decreased 1%.

Carol Meyrowitz, Chief Executive Officer of The TJX Companies, Inc., stated, “Due to the year-over-year timing of Easter, we had not planned March to be a strong month against last year’s high increase, and our comparable store sales were in line with our expected range. This was despite the extraordinarily cold weather across most regions in the U.S., Canada and Europe. In regions of the U.S. where weather was not an issue, we saw comp sales increases. Further, overall business trends improved as the weather became warmer. For the first quarter, even with March sales at the low end of our expected range, merchandise margins are on track to be better than last year and we are narrowing the range of our earnings per share guidance to $.60-$.62. It is worth noting that this represents a very solid increase over last year’s first quarter, which had the highest EPS growth of that year. April is off to a good start, our inventories are in great shape, and we are seeing an enormous amount of desirable product in the marketplace.”


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 1,044 T.J. Maxx, 909 Marshalls, 423 HomeGoods and 4 Sierra Trading Post stores as well as SierraTradingPost.com in the United States; 225 Winners, 89 HomeSense, and 21 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.

From: http://www.dailyfinance.com/2013/04/11/the-tjx-companies-inc-reports-march-2013-sales/

Business, Finance, Occupation & Industry

The Buckle, Inc. Reports March 2013 Net Sales

Leave a comment

By Business Wirevia The Motley Fool

Filed under:


The Buckle, Inc. Reports March 2013 Net Sales

KEARNEY, Neb.–(BUSINESS WIRE)– The Buckle, Inc. (NYS: BKE) announced today that comparable store net sales, for stores open at least one year, for the five-week period ended April 6, 2013 were flat in comparison to comparable store net sales for the five-week period ended April 7, 2012. Net sales for the five-week fiscal month ended April 6, 2013 increased 1.1 percent to $106.7 million from net sales of $105.5 million for the prior year five-week fiscal month ended March 31, 2012.

Comparable store net sales year-to-date for the nine-week period ended April 6, 2013 decreased 0.5 percent from comparable store net sales for the nine-week period ended April 7, 2012. Net sales for the nine-week fiscal period ended April 6, 2013 increased 1.9 percent to $195.9 million from net sales of $192.2 million for the prior year nine-week fiscal period ended March 31, 2012.

Due to the 53rd week in fiscal 2012, comparable store net sales for the month and year-to-date periods are compared to the five-week and nine-week periods ended April 7, 2012.

About Buckle

Offering a unique mix of high-quality, on-trend apparel, accessories, and footwear, Buckle caters to fashion-conscious young men and women. Known as a denim destination, each store carries a wide selection of fits, styles, and finishes from leading denim brands, including the Company’s exclusive brand, BKE. Headquartered in Kearney, Nebraska, Buckle currently operates 442 retail stores in 43 states compared to 431 stores in 43 states as of April 11, 2012. To listen to the Company’s recorded monthly sales commentary, please call (308) 238-2500.

SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: All forward-looking statements made by the Company involve material risks and uncertainties and are subject to change based on factors which may be beyond the Company’s control. Accordingly, the Company’s future performance and financial results may differ materially from those expressed or implied in any such forward-looking statements. Such factors include, but are not limited to, those described in the Company’s filings with the Securities and Exchange Commission. The Company does not undertake to publicly update or revise any forward-looking statements even if experience or future changes make it clear that any projected results expressed or implied therein will not be realized.

From: http://www.dailyfinance.com/2013/04/11/the-buckle-inc-reports-march-2013-net-sales/