Ross Stores Q3: Beating Expectations, Raising Guidance
Update: 2025-11-22
Description
Ross Stores Q3 earnings soar, beating expectations with a 10% sales increase and a 9.4% surge in customer traffic. The discount retailers success is attributed to its value-driven offerings, as consumers seek deals amidst inflation concerns. Ross raised full-year guidance, opened 40 new stores, and bought back $262M in stock, positioning itself for continued growth in the off-price retail sector.
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