The Fiscal 2012 first quarter included costs associated with the A.J. Wright consolidation, primarily additional lease obligations for store closings and additional operating losses as well as the costs related to the conversion and grand re-opening of certain former A.J. Wright stores to T.J. Maxx, Marshalls and HomeGoods banners.On a reported basis, fully diluted earnings per share for the Fiscal 2013 first quarter were $.55 compared to $.34 last year. Excluding the items detailed above, adjusted diluted earnings per share for the Fiscal 2013 first quarter represented a 41% increase over last year’s adjusted $.39.
The TJX Companies, Inc. Reports 41% Increase In First Quarter Adjusted EPS; Sees Strong Momentum Continue
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