The Framingham, Mass.-based company says the results are the strongest in its history, fueled by shoppers looking for brand names at discounted prices, and that customer traffic "increased significantly across virtually all of our divisions."
Still, executives are not breaking out the "Recession's Over!" champagne just yet: "While we are pleased with
our above-plan start to the year, we remain cautious in our near-term outlook and are maintaining our conservative approach, as the economic environment remains uncertain."--Sarah Mahoney