By  on February 22, 2012

The TJX Cos. Inc. posted a 42.1 percent jump in fourth-quarter profits as consumers continued to seek out value-priced merchandise during the holiday season.

For the quarter ended Jan. 28, net income totaled $475.3 million, or 62 cents a diluted share, which met analysts’ estimates. This compared with year-ago income of $334.4 million, or 42 cents a diluted share.

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