Ross Stores forecasts annual sales above estimates

Reuters
Mar 04
Ross Stores forecasts annual sales above estimates 

March 3 (Reuters) - Ross Stores ROST.O forecast its annual sales above Wall Street estimates on Tuesday, betting on resilient demand for its discounted apparel and accessories amid looming macroeconomic uncertainty.

It expects annual same-store sales to rise 3% to 4%, compared to analysts' estimates of a 3.05% rise, according to data compiled by LSEG.

(Reporting by Sanskriti Shekhar in Bengaluru; Editing by Tasim Zahid)

((Sanskriti.Shekhar@thomsonreuters.com))

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10