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Like TJX Corporation (NYSE: TJX), Ross Stores Inc (NASDAQ: ROSS) thrived as consumers drifted away from high-end retailers.
Like TJX Corporation (NYSE: TJX), Ross Stores Inc (NASDAQ: ROSS) thrived as consumers drifted away from high-end retailers. Ross Stores topped quarterly estimates and improved its outlook, with its shares rising about 6% on Thursday upon Thursday's report during extended trading. Premium cosmetics giant, The Estee Lauder Companies (NYSE: EL), issued a weak guidance and slow recovery of its business in Asia. Farfetch Limited (NYSE: FTCH) stock tanked after the luxury fashion e-commerce retailer p
Ross Stores Inc (NASDAQ:ROST) shares dropped as much as 5% during Wednesday's trading session, despite the discount retailer's earnings report surpassing headline expectations.
Shares of discount retailer Ross Stores (NASDAQ:ROST) were among the best performing US equities this week as shares popped as much as 7%
Author Bio Adam Levine-Weinberg is a senior Industrials/Consumer Goods specialist with The Motley Fool. He is an avid stock-market watcher and a value investor at heart. He primarily covers airline, auto, retail, and tech stocks. Follow him on Twitter for the latest news and commentary on the airline industry! Follow @AdamLLW A year ago, sales cratered at Ross Stores (NASDAQ:ROST). As a non-essential business, the No. 2 off-price retailer had to close its stores for much of the spring, a result of stay-at-home orders. Ross Stores didn't have an e-commerce business...