TJX Companies reports Q2 loss of 214 million dollars

The TJX Companies, Inc. has announced that net sales for the second quarter were 6.7 billion dollars and overall open-only comp store sales were down 3 percent versus last year. Net loss for the quarter was 214 million dollars and loss per share was 18 cents. The company said in a statement that its second quarter results were negatively impacted by the temporary closure of its stores for nearly one third of the quarter due to the impact of the global pandemic.