Off-price retailers like TJX and Ross won't be slowing down any time soon — here's why
The parent companies behind TJ Maxx and Ross Dress for Less are continuing to grow sales as inflation-weary consumers hunt for deals and become more comfortable with shopping at discounters. The two r...
Other symbols: TJX
14 days ago - CNBC
Stock Market Today: Stocks Climb Ahead of Memorial Day Weekend
The S&P 500 and Nasdaq extended their weekly win streaks into the long holiday weekend.
Other symbols: DECK
16 days ago - Kiplinger
Ross Stores Stock Jumps on Earnings Beat, Raised Guidance
Shares of Ross Stores (ROST) surged over 8% in early trading Friday as the off-price apparel and home goods retailer posted better-than-anticipated results and raised its guidance as it cut costs.
16 days ago - Investopedia
Why T.J. Maxx and Ross Stores Shares Command Full Price
Off-price retailers TJX Cos. and Ross Stores have piles of deals for bargain hunters.
Other symbols: TJX
17 days ago - WSJ
Ross Stores COO: Shoppers' Cost-Cutting Behaviors Fuel Off-Priced Retail Growth
With consumers cutting back on discretionary spending while trading down to value-focused merchants, Ross Stores is seeing these belt-tightening behaviors prove to be a mixed bag.
17 days ago - PYMNTS
WDAY, INTU, DECK, ROST: Earnings Extravaganza
Workday (WDAY), Intuit (INTU), Deckers Outdoor (DECK), and Ross Stores (ROST) earnings were just released. Diane King Hall and Scott Durfey discuss the major takeaways from these earnings.
Other symbols: DECKINTUWDAY
17 days ago - Schwab Network
Ross Stores beats quarterly estimates on steady demand for discounted products
Ross Stores on Thursday posted first-quarter results above Wall Street estimates and raised its annual profit forecast, as shoppers pivot to off-price retailers prompted by sticky inflation that have ...
17 days ago - Reuters
Ross Stores raises profit forecast, even as higher prices hit lower-income shoppers
Shares of Ross Stores Inc. rallied in extended trading Thursday after the discount clothing chain raised its full-year profit forecast, even as higher prices continue to hit its low- to middle-income ...
17 days ago - Market Watch
Ross Stores Reports First Quarter Earnings
DUBLIN, Calif.--(BUSINESS WIRE)--Ross Stores, Inc. (NASDAQ: ROST) today reported earnings per share for the 13 weeks ended May 4, 2024 of $1.46 on net earnings of $488 million. These results compare t...
17 days ago - Business Wire
Ross Stores Announces Quarterly Dividend
DUBLIN, Calif.--(BUSINESS WIRE)--Ross Stores, Inc. (NASDAQ: ROST) announced today that the Company's Board of Directors declared a regular quarterly cash dividend of $0.3675 per common share, payable ...
18 days ago - Business Wire
Ross Stores, Inc. Announces First Quarter 2024 Earnings Release and Conference Call
DUBLIN, Calif.--(BUSINESS WIRE)--Ross Stores, Inc. (NASDAQ: ROST) plans to release its first quarter 2024 earnings results on Thursday, May 23, 2024 at approximately 4:00 p.m. Eastern time. Participan...
4 weeks ago - Business Wire
Biden's late-fee crackdown is a blow to department stores. Shoppers should beware of what comes next.
Some of the biggest clothing and department-store chains rely on their own private-label credit cards to cushion their bottom lines. Those cards, often laden with incentives, keep shoppers coming back...
Other symbols: GPSJWNKSSLOWMSYFTJX
2 months ago - Market Watch
ROSS STORES OPENS 18 NEW LOCATIONS
TARGETING APPROXIMATELY 90 OPENINGS IN 2024 DUBLIN, Calif. , March 11, 2024 /PRNewswire/ --Ross Stores, Inc. opened 11 Ross Dress for Less® ("Ross") and seven dd's DISCOUNTS® stores in 11 different s...
3 months ago - PRNewsWire
Ross Stores says that housing and food costs continue to pressure its customers
Ross Stores Inc. late Tuesday blew past expectations for its holiday quarter but spooked investors by saying that higher costs of living continue to pressure its customers.
3 months ago - Market Watch
Ross Stores Reports Results for Fourth Quarter and Fiscal 2023
DUBLIN, Calif.--(BUSINESS WIRE)--Ross Stores, Inc. (NASDAQ: ROST) today reported earnings per share for the 14 weeks ended February 3, 2024 of $1.82, up from $1.31 per share for the 13 weeks ended Jan...
3 months ago - Business Wire
How Lido Advisors' Gina Sanchez would trade retail stocks
Gina Sanchez, Lido Advisors chief market strategist, joins 'The Exchange' to discuss how to trade Ross Stores, Target, Costco, and Nordstrom.
Other symbols: COSTJWNTGT
3 months ago - CNBC Television
Ross Stores Announces Fourth Quarter and Fiscal 2023 Earnings Release and Conference Call
DUBLIN, Calif.--(BUSINESS WIRE)--Ross Stores, Inc. (NASDAQ: ROST) plans to release its fourth quarter and fiscal 2023 earnings results on Tuesday, March 5, 2024 at approximately 4:00 p.m. Eastern Time...
3 months ago - Business Wire
Ross Stores Appoints Karen Fleming President and Chief Merchandising Officer of dd's DISCOUNTS
DUBLIN, Calif.--(BUSINESS WIRE)--Ross Stores, Inc. (NASDAQ: ROST) announced today that Karen Fleming has been promoted to President and Chief Merchandising Officer, dd's DISCOUNTS effective April 1, 2...
4 months ago - Business Wire
Retail execs say clothing demand is getting better. But it's still kind of a mess.
After unwanted shirts and pants piled up in warehouses and stockrooms last year, clothing chains such as Gap Inc. and Urban Outfitters have said over the past two weeks they've had an easier time sell...
Other symbols: ANFBURLGPSHDSNBRTGTTJX
7 months ago - Market Watch
The consumer is going toward TJX, Ross Stores and Burlington, says Dana Telsey
Dana Telsey, CEO of the Telsey Advisory Group, joins 'The Exchange' to discuss the outlook for the holiday season, the top retail names to own, and more.
Other symbols: BURLTJX
7 months ago - CNBC Television
S&P 500 Gains and Losses Today: Ross Stores' Low Prices Brought in More Shoppers
For a second day in a row, the S&P 500 posted narrow gains, rising 0.1% and extending its winning streak to four sessions. Overall, U.S. equities were little changed on Friday, but major indexes were ...
7 months ago - Investopedia
3 Buys and a Bail: Walmart, Ross Stores, Costco & Home Depot
Victoria Greene, founder and CIO at G Squared Private Wealth, joins 'The Exchange' to share three buys and a bail, including Walmart, Ross Stores, Costco, and Home Depot.
Other symbols: COSTHDWMT
7 months ago - CNBC Television
Midday Movers: Ross Stores and Copart Jump, Applied Materials and Alphabet Drop
U.S. equities were lower and little changed at midday but heading for a winning week, boosted by reports on slowing inflation, which could keep the Fed from raising interest rates further.
Other symbols: AMATCPRTGOOGGOOGL
7 months ago - Investopedia
Shares of Ross Stores Jump as 'Off-Price' Retailer Draws Inflation-Weary Shoppers
Ross Stores (ROST) reported better-than-expected results and raised its full-year outlook as high inflation drove consumers to the "off-price" retailer, sending shares up over 5% in early trading Frid...
7 months ago - Investopedia
Ross Stores CEO Says Off-Price Sector Remains Resilient
Positive customer response to value and convenience contributed to third-quarter results that outperformed expectations atRoss Stores. The off-price retailer released its third-quarter earnings Thur...
7 months ago - PYMNTS
