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Ross Stores’ Off-Price Model Helps Deliver Strong Q1 Sales

Ross Stores’ Off-Price Model Helps Deliver Strong Q1 Sales

Ross Stores (ROST) generated sales of $3.59 billion in the fiscal first quarter, ahead of the analysts’ expectation of $3.54 billion. Ross Stores’ sales grew 8.5% on a year-over-year basis in the fiscal first quarter while its same-store sales were up 3.0%.