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Low cost retailer Ross Shops Inc. on Tuesday forecast the potential for falling gross sales this fiscal 12 months, and cited slowing developments over current weeks as harsh climate saved folks indoors and worries concerning the financial system continued.
Ross Shops
ROST stated it expects same-store gross sales for its fiscal 2025, which ends on Jan. 31, 2026, to be inside a spread of down 1% to up 2%, worse than FactSet expectations for a 3% acquire. The chain stated it expects earnings per share of $5.95 to $6.55, in contrast with FactSet forecasts for $6.67.
