Ross Stores Inc. turned its off-price business model into a third-quarter success story, but the retailer still thought it “prudent” to lower projections for the rest of the year because of reduced consumer spending.
For the three months ended Nov. 1, profits climbed 17.6 percent to $57.3 million, or 44 cents a share, from $48.7 million, or 36 cents a year ago. Sales increased 5.9 percent to $1.56 billion from $1.47 billion, while comparable-stores sales came in flat.
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
"That's something that resonates with me too because I'm so locked into a number. If I go over that number it completely ruins my day so it's nice to get detached from the number on the scale." - Chelsea Handler on Kelly LeVeque's book "Body Love." #wwdeye (📷: John Salangsang)