Shares of off-price retail company Ross Stores (NASDAQ:ROST) jumped 5.7% in the morning session after the company reported third quarter results with revenue outperforming Wall Street's estimates, driven by better-than-expected same-store sales growth and more new store openings. Gross margin also exceeded expectations. On the other hand, its earnings forecast for next quarter missed analysts' expectations, with management expecting decelerating same-store sales growth thanks to the uncertain ma
Shares of department store chain Dillard’s (NYSE:DDS) jumped 6% in the morning session after strong earnings reports from apparel retailers, including Macy's, Ross Stores, and Gap. Macy's reported an impressive "beat and raise" quarter, which significantly blew past analysts' EPS expectations, driven in part by same-store sales and revenue beats. Full year guidance was also raised slightly across the board, from same-store sales to revenue to EPS, demonstrating confidence in its holiday season s
Shares of department store chain Kohl’s (NYSE:KSS) jumped 5.4% in the morning session after strong earnings reports from apparel retailers, including Macy's, Ross Stores, and Gap. Macy's reported an impressive "beat and raise" quarter, which significantly blew past analysts' EPS expectations, driven in part by same-store sales and revenue beats. Full year guidance was also raised slightly across the board, from same-store sales to revenue to EPS, demonstrating confidence in its holiday season st
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