December 25, 2024

At Ross, ‘value offers’ worked, but discount retailer sounds cautious for the rest of the year

 At Ross, ‘value offers’ worked, but discount retailer sounds cautious for the rest of the year

At Ross, ‘value offers’ worked, but discount retailer sounds cautious for the rest of the year

Shares of Ross Stores Inc. jumped in the extended session Thursday after the off-price retailer reported quarterly earnings above Wall Street’s expectations, highlighting its “value” merchandise, but it also sounded more cautious for the remainder of the year.