Ross Stores: Busy Stores Instead of Consumption Slump – Why the Off-Price Giant is Now Opening 115 New Locations

Customer frequency as a key growth driver: Thanks to the ongoing interest of price-conscious buyers and a successful assortment strategy, revenue climbs in the second quarter. Operational efficiency and special effects boost profits: In addition to improved cost control in the core business, a positive special effect from customs refunds leads to a significant margin increase. Optimistic outlook accelerates expansion plans: Management takes advantage of the operational tailwind from the strong first half of the year, significantly raises the...