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TJX reports profit surge of 54.7 percent in quarter

Farmington, Mass.-based TJX Cos. Inc. reports that fourth-quarter profits surged by 54.7 percent to $238.7 million, or 47 cents a diluted share, exceeding Wall Street estimates. Consolidated sales increased 17.1 percent to $4.11 billion, with comp store sales improving by 3 percent

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