The TJX Companies, Inc. Reports August 2004 Sales

FRAMINGHAM, Mass.--(BUSINESS WIRE)--Sept. 2, 2004--The TJX Companies, Inc. (NYSE:TJX) today reported August 2004 sales results. Sales for the four-week period ended August 28, 2004, were $1.1 billion, up 13% over $995 million achieved during the four-week period ended August 30, 2003. For the 30 weeks ended August 28, 2004, sales reached $7.9 billion, a 14% increase over last year's $6.9 billion. Consolidated comparable store sales for the four-week period ended August 28, 2004, increased 4% over last year. For the 30-week, year-to-date period, consolidated comparable store sales increased 5% over last year.

Edmond J. English, President and Chief Executive Officer of The TJX Companies, Inc., stated, "We are pleased to report a comparable store sales increase of 4% for the Company, which is in line with our expectations. Sales in women's apparel, as well as the footwear, jewelry and accessories categories continued to be robust. Inventories remain in great shape, giving us the ability to buy into market trends and offer excellent values to our customers on fashion-right, brand-name merchandise."

The TJX Companies, Inc. is the leading off-price retailer of apparel and home fashions in the U.S. and worldwide. The Company operates 759 T.J. Maxx, 686 Marshalls, 194 HomeGoods, and 112 A.J. Wright stores, as well as 31 Bob's Stores, in the United States. In Canada, the Company operates 162 Winners and 32 HomeSense stores, and in Europe, 155 T.K. Maxx stores. TJX's press releases and financial information are also available on the Internet at www.tjx.com.

A recorded message with more detailed information regarding TJX's August 2004 sales results, operations and business trends is available via the Internet at www.tjx.com, or by calling [phone] through Thursday, September 9, 2004. The Company expects to release its September 2004 sales on Thursday, October 7, 2004, at approximately 8:15 a.m. EDT. Concurrent with that press release, a recorded message with more detailed information regarding TJX's September sales results, operations and business trends will be available via the Internet at www.tjx.com, or by calling [phone] through Thursday, October 14, 2004. Archived versions of the Company's recorded messages and conference calls are available at www.tjx.com after they are no longer available by telephone.