The movement in foreign currency exchange rates had a neutral impact on consolidated net sales growth for the full Fiscal 2013 year versus the prior year. The movement in foreign currency exchange rates had a 1 percentage point positive impact on consolidated net sales growth in the fourth quarter of Fiscal 2013 versus the prior year’s fourth quarter. The impact of foreign currency exchange rates on earnings per share is discussed below under “Items Impacting Comparability.”
A table detailing the impact of foreign currency on TJX pretax earnings and margins, as well as those of its international businesses, can be found in the Investor Information section of the Company’s website, www.tjx.com.
Items Impacting Comparability
Certain items that impact the comparability of the full year to the prior year are detailed in the table below.
Reported EPS from continuing operations
|Impact of A.J. Wright Store Closings||-||$.04|
|Store Conversion/Grand Re-Openings Costs||
|Adjusted EPS from continuing operations||$2.55||$1.99|