Selected Quarterly Financial Data

12 Months Ended

Jan. 28, 2012

Selected Quarterly Financial Data [Abstract]

Selected Quarterly Financial Data

Note Q.    Selected Quarterly Financial Data (Unaudited)

Presented below is selected quarterly consolidated financial data for fiscal 2012 and fiscal 2011 which was prepared on the same basis as the audited consolidated financial statements and includes all adjustments necessary to present fairly, in all material respects, the information set forth therein on a consistent basis.

In thousands except per share amounts	First Quarter(1)		Second Quarter		Third Quarter		Fourth Quarter
Fiscal Year Ended January 28, 2012
Net sales	$	5,220,295	$	5,468,274	$	5,793,128	$	6,709,758
Gross earnings(2)		1,393,037		1,492,239		1,626,541		1,825,389
Income from continuing operations		265,951		348,338		406,487		475,314
Net income		265,951		348,338		406,487		475,314
Income from continuing operations—As Adjusted(3 )
Basic earnings per share		0.34		0.46		0.54		0.63
Diluted earnings per share		0.34		0.45		0.53		0.62
Net income—As Adjusted(3 )
Basic earnings per share		0.34		0.46		0.54		0.63
Diluted earnings per share		0.34		0.45		0.53		0.62
Income from continuing operations—As Reported
Basic earnings per share		0.69		0.91		1.08		0.63
Diluted earnings per share		0.67		0.90		1.06		0.62
Net income—As Reported
Basic earnings per share		0.69		0.91		1.08		0.63
Diluted earnings per share		0.67		0.90		1.06		0.62
Fiscal Year Ended January 29, 2011
Net sales	$	5,016,540	$	5,068,080	$	5,525,847	$	6,331,726
Gross earnings(2)		1,367,866		1,348,870		1,519,443		1,665,553
Income from continuing operations(4 )		331,434		304,984		372,309		330,803
Net income(5)		331,434		304,984		372,309		334,414
Income from continuing operations—As Adjusted(3 )
Basic earnings per share		0.41		0.38		0.47		0.42
Diluted earnings per share		0.40		0.37		0.46		0.42
Net income—As Adjusted(3 )
Basic earnings per share		0.41		0.38		0.47		0.43
Diluted earnings per share		0.40		0.37		0.46		0.42
Income from continuing operations—As Reported
Basic earnings per share		0.81		0.76		0.94		0.84
Diluted earnings per share		0.80		0.74		0.92		0.83
Net income—As Reported
Basic earnings per share		0.81		0.76		0.94		0.85
Diluted earnings per share		0.80		0.74		0.92		0.84

(1) First quarter of fiscal 2012 includes operating results of A.J. Wright. See Note C.

(2) Gross earnings equal net sales less cost of sales, including buying and occupancy costs.

(3) Adjusted for two-for-one stock split announced by TJX on January 5, 2012. See Note A.

(4) The fourth quarter of fiscal 2011 income from continuing operations includes a pre-tax $141 million negative impact from the A.J. Wright segment, or $0.11 per share (see Note C). The second quarter of fiscal 2011 income from continuing operations includes a pre-tax $12 million benefit from a reduction in TJX's provision for Computer Intrusion related costs, or $0.01 per share (see Note B).

(5) The fourth quarter of fiscal 2011 net income includes a $4 million, net of income taxes of $2 million (immaterial per share impact), benefit from a reduction in TJX's reserve related to former businesses.