Ross Stores Grew Comparable Sales 10%. TJX Grew 4%. Only One Stock Went Up.
The two off-price giants reported the same 13 weeks, a day apart. The market read them very differently -- and the second-half plans say why.
The two off-price giants reported the same 13 weeks, a day apart. The market read them very differently -- and the second-half plans say why.
BELLINGS Intelligence Score: 12
Why it matters
This is routine earnings and comparable sales reporting for retail companies, reflecting ordinary market activity without broader credit-market implications or novel structural impact.
Sources
The Motley Fool
Ross Stores Grew Comparable Sales 10%. TJX Grew 4%. Only One Stock Went Up.
The two off-price giants reported the same 13 weeks, a day apart. The market read them very differently -- and the second-half plans say why.
Nasdaq
Ross Stores Grew Comparable Sales 10%. TJX Grew 4%. Only One Stock Went Up.
Key PointsRoss Stores earned $2.66 per share in its fiscal second quarter, beating its own guidance even after backing out $0.60 of tariff refunds.