Ross Stores Q3 Earnings Beat, Comparable Sales Hurt by Weather
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Ross Stores (ROST) reported Q3 earnings growth year-over-year, but faced a 1% decline in comparable sales due to weather disruptions and constrained consumer spending.
November 22, 2024 | 4:15 pm
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Ross Stores reported Q3 earnings growth, but comparable sales fell by 1% due to weather disruptions and constrained consumer spending.
While Ross Stores reported earnings growth, the decline in comparable sales due to external factors like weather and consumer spending constraints may neutralize short-term stock price movements. Investors might be cautious due to these challenges.
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