Ross Stores News

There is a lot of talk about " green shoots " in the economy along with elements of encouraging, or at least less discouraging, news and the stock market did show good gains in the just-ended second quarter.

Toronto portfolio manager Noman Ali notes that the price-earnings ratio on the S&P 500 has come up.

PLEASANTON ,A Calif. Ross Stores announced its national sponsorship of Boys & Girls Clubs of Americaa s Power Hour, an interactive after-school homework assistance program for members, ages six to 18.

Cash-strapped shoppers are avoiding department stores and pricier specialty stores in favor of discounters.

Zacks Releases Four Powerful ''Buy'' Stocks: Buckle Inc., Ross Stores Inc., Sanderson Farms Inc.

John McKenna routinely checks out the clothes at the local Ross Dress for Less store.

Pleasanton, Calif. Ross Stores Inc. sounded a lot like Wal-mart Stores during the off-price chain's presentation today at the Piper Jaffray Consumer Conference, attributing at least part of its recent successes to new "value-oriented" customers.

Lost amid the hand-wringing and gnashing of teeth over today's May same-store sales results, there were a few winners to be found amid the glut of losers.

Although consumer confidence may be increasing, it's not showing up at the cash register yet.

Although consumer confidence may be increasing, it's not showing up at the cash register yet.

Ross Stores Inc. said Thursday that May sales at stores open for at least a year rose 4%. On average, analysts polled by Thomson Reuters had expected Ross to post a same-store sales increase of 2.9%. Total sales for the four weeks ended May 30 increased 10% to $564 million.

On a recent trip to Macy's , I couldn't help but notice the barrage of cologne, perfumes and designer clothing labels available to indulge customers' retail desires.

Shortly into the New Year, it was clear retail businesses of all stripes and sizes were witnessing severe declines in revenue.

Barron's Bob O'Brien notes that GM's pending bankruptcy, which is expected to be filed early next week, will force the company out of the Dow Jones Industrials index.

Hotshots Buckle and Aeropostale kept up their winning streak, reporting powerful Q1 growth Thursday as teen shoppers flocked to their stores for cool threads.

Pleasanton-based Ross Stores Inc. soared 8.1 percent on Thursday after it reported record profits for its first quarter of fiscal 2009 and told analysts that it was raising its guidance for profits during the second quarter and the final six months of the fiscal year.

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The off-price retailer posted a 15% jump in first-quarter earnings and boosted its full-year outlook.

Among the companies whose shares are expected to see active trade in Thursday's session are GameStop Corp., Foot Locker Inc.

Frivolous spending, one of the hallmarks of America's consumer-driven economy, is on its way out, with budget shopping becoming the mantra for households.