The TJX Companies Expects Q4 EPS of $.89 to $.94

For the fourth quarter of Fiscal 2011, The TJX Companies, Inc. TJX expects diluted earnings per share in the range of $.89 to $.94, which would represent flat to a 5% decrease versus $.94 per share in the prior year, and remains unchanged from the prior outlook. This is based upon an estimated range for consolidated comparable store sales of a 1% to 3% decrease compared to a 12% increase in the fourth quarter of last year. For the full year Fiscal 2011, the Company is now expecting diluted earnings per share to be in the range of $3.35 to $3.40 on a reported basis, or $3.33 to $3.38 on an adjusted basis, excluding the non-operating item described above, which would represent a 17% to 19% increase over $2.84 per share last year. This range is based upon estimated consolidated comparable store sales growth of approximately 2% to 3%.