Ross Stores bucks the downward performance trend
August 24, 2017
Ross Stores came in with a healthy 15 percent jump in earnings per share their most recent quarter. Even in the better-than-average off-price segment, that’s impressive. Ross has managed to outpace its larger rival, TJX, for much of the year, posting a 4 percent comp-sales gain in the second quarter. The chain’s total revenue rose 8 percent year over year, as management continued to its aggressive drive to open new stores.
Recent News
Popeyes Adds Menu Hack Double Stack Sandwich in the UK
Popeyes, the Louisiana chicken chain, continues to expand its menu offerings in the UK. Known for its Cajun breakfast and spicy Buffalo chicken options, the fast-food brand has now introduced a new item: the Double Stack Sandwich.
JCPenney Announces a New Rewards and Credit Program
This new program could potentially return half a billion dollars to America’s families.
Starbucks Improves Its Iconic Cold Cup
The company aims to further its commitment to be a resource-positive business.
Netflix Makes Major Changes to Its Plans
Streaming company Netflix is changing up its approach. The company, known for its subscription model without ads, is now diving into live sports, video games, and ad-supported content.