Shares of Ross Stores, parent company of discount retail chain Ross Dress For Less, were set to overtake a buy point on Friday morning after a post-earnings surge. Ross Stores (ROST) stock jumped about 4% in Friday morning. Second-quarter earnings rose 32% to $2.06 a share vs. prior year. Revenue climbed 13% to $6.26 billion compared to a year earlier.…
Ross Stores Trounces Earnings, Set To Retake Buy Point
Ross Stores delivered a quintessential beat-and-raise quarter, as it blew past Wall Street's expectations. Earnings got a boost from tariff refunds.
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