Retail News

Ross Stores bucks the downward performance trend

USA Today 08/22/2017

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.

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