Ross Stores Inc

ROST: XNAS (USA)
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Ross Stores Earnings: Traffic-Led Momentum Builds as Merchandise Margins Expand: Shares Overvalued

Ross' fiscal second-quarter results included 13% net sales growth and a 10% comparable-store sales increase. Adjusted operating margin expanded by 205 basis points —excluding 405 basis points of tariff refund benefits—on an increase in merchandise margin and lower distribution costs.

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