The Chicago Entrepreneur

Ross Stores raises profit forecast, even as higher prices hit lower-income shoppers

Shares of Ross Stores Inc. rallied in extended trading Thursday after the discount clothing chain raised its full-year profit forecast, even as higher prices continue to hit its low- to middle-income shoppers.

Previous post ‘Green’ tech and EVs will lead to ‘huge’ shift in metals demand, analyst says
Next post Intuit raises full-year forecast, and says AI is helping