TJX Companies Sales Rise

TJX Companies reports a first-quarter net sales increase of 6 percent to $4.1 billion. The company also reports consolidated comparable store sales increased 2 percent over last year. During the first quarter, TJX reports a pretax profit margin from continuing operations was 6.4 percent. Continuing operations income for the first quarter is $162 million. TJX Companies operates T.J. Maxx, Marshalls and HomeGoods among other retailers.