Dive Summary:

• The TJX companies have reported continued gains through the first quarter and are fast on their way to becoming a $40 billion company.
• TJX increased revenue during the first quarter fiscal 7% compared to last year’s figures to 6.2 billion.
• A flexible business model is cited for the first quarter totals, despite challenges brought on by an unseasonable climate.

From the article:

CEO Carol Meyrowitz said that a flexible business model allowed TJX to have a profitable quarter despite adverse weather conditions. “Flowing the right merchandise at the right time continued to be key to strong merchandise margins,” she said.