Ross Stores

Ross Stores delivered a 13% revenue increase in the second quarter to $6.3 billion, raised its full‑year outlook and reported adjusted earnings per share of $2.66 (including a $0.60 special item). Technical analysis based on Elliott waves indicates the end of a five-part upward impulse at $257 and forecasts an ABC correction with an initial support target around $228. After the correction concludes, the projection sees new targets near $294 and $309, supported by store expansion and strong comparable sales. » Más en deraktionaer.de

Ross Stores reported a 10% comparable‑sales increase, total sales up 13% to $6.3 billion, and net income of $851 million with EPS of $2.66, and raised guidance to 6%–7% comp growth for Q3 and 4%–5% for Q4. TJX posted 4% comparable‑sales growth and $15.2 billion revenue with EPS of $1.36, but its core Marmaxx division grew just 1% and management expects only 2%–3% comps in Q3 and 3%–4% for the full year. Markets rewarded Ross's stronger traffic‑driven momentum and firmer second‑half outlook while penalizing TJX on its slower U.S. banner performance. » Más en finance.yahoo.com

Ross Stores reported second-quarter revenue up about 13% to $6.26 billion and adjusted earnings per share of $2.06; net income rose to $851 million. Duty drawback refunds of roughly $253 million lifted the operating margin, though the margin also improved significantly on an adjusted basis. The company raised its full-year guidance to $8.61–$8.77 per share, plans 115 new stores in 2026 and share buybacks of about $1.275 billion. Analysts have since raised their price targets; the central question remains confirmation of the projected store sales growth. » Más en finanzen.net