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TJX Breaks Eight-Year Sales Growth Streak

TJX Cos., which operates TJ Maxx, Marshalls and HomeGoods stores, didn’t increase its same-store sales for the first time since 2009, a rare miss for a company that has avoided many of the problems weighing down the retail sector.

TJX blamed hurricanes and warmer-than-expected weather for the same-store sales decline in its biggest unit, which includes TJ Maxx and Marshalls, and flat growth overall in its third quarter. A year earlier, the metric grew by 5%.

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