Monday, August 26, 2019

Ross posts 6% sales increase, opens 27 stores in Q2

Retail Dive
Ross Stores second quarter sales grew nearly 6.5% year over year to nearly $4 billion as comparable-store sales rose 3%, against a tough comparison of 5% a year ago, the company said in a press release.

The off-price retailer opened a net of 27 stores between the end of Q1 and Q2. The company was on track to open 22 Ross and six dd's Discount stores in the quarter, with plans to add a total of about 100 this year, including 75 Ross locations, executives said Thursday.. . . more