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BOSTON (AP) - TJX Cos. on Tuesday said its first-quarter profit dipped 1 percent as the operator of discount stores including T.J. Maxx and Marshalls recorded a $12 million charge from a massive data breach and suffered soft March and April sales due to poor weather.
The owner of nearly 2,500 stores nevertheless reported a 6 percent increase in quarterly revenue as customer traffic remained strong despite negative publicity about the data theft.
Framingham-based TJX also forecast second-quarter and full-year earnings in line with analysts' expectations, and the company expects 3 percent to 4 percent growth this fiscal year in so-called comparable store sales.
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