TJX Companies net sales up 8 percent in FY18, hikes dividend

The TJX Companies, Inc. said that net sales for the 14-week fourth quarter of fiscal 2018 increased 16 percent to 11 billion dollars, while consolidated comparable store sales on a 13-week basis increased 4 percent, compared to last year’s 3 percent increase. For the 53-week fiscal year, net sales increased 8 percent to 35.9 billion dollars. Consolidated comparable store sales on a 52-week basis increased 2 percent.