The first six months of Fiscal 2012 included first quarter 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, diluted earnings per share for the first six months of Fiscal 2013 were $1.11 compared to $.79 last year. On an adjusted basis, excluding the items detailed above, diluted earnings per share for the first six months of Fiscal 2013 represented a 32% increase over last year’s adjusted $.84.
The TJX Companies, Inc. Sees Momentum Continue; Reports 24% Increase In Second Quarter EPS; Raises Full-Year Guidance
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