Tag: $Ross Stores Inc.

Off-price retailer Ross Stores lifted its full-year earnings outlook on Thursday after reporting stronger-than-expected second-quarter sales and profit, helped by robust customer traffic and a refund of tariffs.

Ross Stores, the discount apparel and home accessories retailer, reported first-quarter sales and earnings that sailed over Wall Street’s expectations.

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 shoppers.