Ross Raises 2Q Guidance

Based on above-plan March sales and favorable gross margin and expense trends over past two months, off-price chain Ross Stores raised its second-quarter guidance.
     The retailer is now projecting earnings per share for the 13 weeks ending April 30 to be somewhat above the high end of its initial guidance of $1.27 to $1.32. The company expects April comps in line with Ross's prior forecast for a 4% to 5% increase."

Home & Textiles Today Staff | News & Commentary

 Home Textiles Today is the market-leading brand covering the home and textiles markets, offering a comprehensive package of print and online products. Home & Textiles Today provides industry news, product trends and introductions, exclusive industry research, consumer data, store operations solutions, trade show news and much more.

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