The TJX Companies, Inc. Reports Strong February 2005 Sales

FRAMINGHAM, Mass.--(BUSINESS WIRE)--March 3, 2005--The TJX Companies, Inc. (NYSE:TJX) today reported February 2005 sales results. Sales for the four-week period ended February 26, 2005, were $1.0 billion, up 12% over the $934 million achieved during the four-week period ended February 28, 2004. Consolidated comparable store sales for the four-week period ended February 26, 2005, increased 6% over last year.

Edmond English, President and Chief Executive Officer of The TJX Companies, Inc. commented, "We are pleased that 2005 is off to a great start. We achieved a comparable store sales increase of 6% on top of last year's double-digit comparable store sales increase in February, the strongest monthly increase of 2004. As we enter the spring selling season, inventories are in great shape, and we are in an excellent position to take advantage of the abundant opportunities in the marketplace."

The TJX Companies, Inc. is the leading off-price retailer of apparel and home fashions in the U.S. and worldwide. The Company operates 771 T.J. Maxx, 697 Marshalls, 217 HomeGoods and 130 A.J. Wright stores, as well as 32 Bob's Stores, in the United States. In Canada, the Company operates 168 Winners and 40 HomeSense stores, and in Europe, 173 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 February 2005 sales results, operations and business trends is available via the Internet at www.tjx.com, or by calling [phone] through Thursday, March 10, 2005. Additionally, the Company expects to release its March 2005 sales on Thursday, April 7, 2005, at approximately 8:15 a.m. ET. Concurrent with that press release, a recorded message with more detailed information regarding TJX's March sales results, operations and business trends will be available via the Internet at www.tjx.com, or by calling [phone] through Thursday, April 14, 2005. 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.

SAFE HARBOR STATEMENTS 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: our ability to continue successful expansion of our store base; risks of expansion; our ability to successfully implement our opportunistic inventory strategies and to effectively manage our inventories; consumer confidence, demand, spending habits and buying preferences; effects of unseasonable weather; competitive factors; factors affecting availability of store and distribution center locations on suitable terms; factors affecting our recruitment and employment of associates; factors affecting expenses; success of our acquisition and divestiture activities; our ability to successfully implement technologies and systems; our ability to continue to generate adequate cash flows; general economic conditions; potential disruptions due to wars, natural disasters and other events beyond our control; changes in currency and exchange rates; import risks; adverse outcomes for any significant litigation; changes in laws and regulations and accounting rules and principles; 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.