TJX Companies' Q4 comparable sales increase 6 percent, raises dividend

For its fourth quarter ended February 2, 2019, The TJX Companies, Inc. reported net sales increase of 2 percent to 11.1 billion dollars, over the 14-week period last year, while the company said, consolidated comparable store sales increased 6 percent over a 4 percent increase last year. Net income for the quarter was 842 million dollars and diluted earnings per share were 68 cents compared to 69 cents in the prior year’s 14-week fourth quarter, while adjusted diluted earnings per share were 59 cents versus 59 cents in the prior year.