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The TJX Companies, Inc. Reports December 1999 Sales

FRAMINGHAM, Mass.--()--Jan. 6, 2000--The TJX Companies, Inc. (NYSE:TJX) today reported December 1999 sales results. Sales for the five week period ended January 1, 2000 were $1,195 million up 11% over $1,079 million achieved during the five week period ended January 2, 1999. For the 48 weeks ended January 1, 2000, sales reached $8,317 million, an increase of 11% over last year's $7,517 million. Consolidated comparable store sales for the five week period ended January 1, 2000 increased 4% over last year. For the 48 week year-to-date period, consolidated comparable store sales increased 5%.

Bernard Cammarata, Chairman and Chief Executive Officer of The TJX Companies, Inc. stated, "We are pleased that our December sales results outperformed our goals."

The TJX Companies, Inc. is the leading off-price retailer of apparel and home fashions in U.S. and worldwide. The Company operates 632 T.J. Maxx, 505 Marshalls, 51 HomeGoods and 15 A.J. Wright stores in the United States. In Canada, the Company operates 100 Winners and, in Europe, 54 T.K. Maxx stores. TJX's press releases and financial information are available on the Internet at www.tjx.com.

     
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