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S E L E C T E D    F I N A N C I A L    D A T A    (  C O N T I N U I N G    O P E R A T I O N S )

The following selected financial data includes the results of Marshalls for the periods following its acquisition on November 17, 1995. All prior year data has been restated to reflect Chadwick’s and Hit or Miss as discontinued operations.

Fiscal Year Ended January
Dollars in Thousands
Except Per Share Amounts
1999 1998 1997 1996 1995
(53 Weeks)
Income statement and per share data:
   Net sales $7,949,101 $7,389,069 $6,689,410 $3,975,115 $3,055,573
   Income from continuing
      operations before
      extraordinary item 433,202 306,592 213,826 51,589(1) 84,480
   Weighted average common
      shares for diluted earnings
      per share computations 334,647,950 349,612,184 350,650,100 290,781,900 293,837,800
   Diluted earnings per share
      from continuing operations
      before extraordinary item $1.29 $.88 $.61 $.15(1) $.26
   Dividends per share .12 .10 .07 .12 .14
Balance sheet data:
   Working capital $436,259 $464,974 $425,595 $332,864 $240,646
   Total assets 2,747,846 2,609,632 2,506,761 2,545,825 1,373,964
   Capital expenditures 207,742 192,382 119,153 105,864 109,436
   Long-term debt 220,344 221,024 244,410 690,713 194,478
   Shareholders' equity 1,220,656 1,164,092 1,127,186 764,634 606,952
Stores in operation at year-end:
   T.J. Maxx 604 580 578 587 551
   Marshalls 475 461 454 496 -
   Winners 87 76 65 52 37
   HomeGoods 35 23 21 22 15
   T.K. Maxx 39 31 18 9 5
   A.J. Wright 6 - - - -

(1) Includes an after-tax charge of $21.0 million, or $.07 per share, for the estimated cost of closing certain T.J. Maxx stores in connection with the acquisition of Marshalls.

  

P R I C E   R A N G E   O F    C O M M O N     S T O C K

The following per share data reflects the two-for-one stock splits distributed in June 1998 and June 1997.

The common stock of the Company is listed on the New York Stock Exchange (Symbol: TJX). The quarterly high and low trading stock prices for fiscal 1999 and fiscal 1998 are as follows:

Fiscal 1999
Fiscal 1998
Quarter High Low High Low
First $233/4 $173/16 $121/32 $ 99/16
Second 287/16 223/16 1431/32 111/4
Third 28 151/2 167/16 131/8
Fourth 311/16 183/4 199/32 13

The approximate number of common shareholders at January 30, 1999 was 47,300.

The Company declared four quarterly dividends of $.03 per share for fiscal 1999 and $.025 per share for fiscal 1998.


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