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Ross Stores (ROST) reports solid first-quarter fiscal 2024 results on gains from customers' favorable response to quality and other strategies.
On Wednesday, The TJX Companies, Inc. (NYSE: TJX) reported its first quarter results, proving its resilience amid a challenging macroeconomic climate, unlike Target Corporation (NYSE: TGT). Although same-store sales growth and second quarter guidance was disappointing, the off-price retailer topped earnings estimates and raised its full year guidance, like its peer Like Ross Stores Inc (NASDAQ: ROST) that reported its quarterly results on Thursday. TJX’s First Quarter Highlights For the quarter