Ross Falls Short in Q1 on Late Downturn

Ross Falls Short in Q1 on Late Downturn

Sales at Ross Stores slid as the first fiscal quarter progressed leading to a comp decline and earnings shortfall. First-quarter net earnings were $338.4 million, or 97 cents per diluted share, versus $476.5 million, or $1.34 per diluted share, in the period a year...
Ross Falls Short in Q1 on Late Downturn

Orvos Named Ross CFO

Ross Stores has promoted Adam Orvos, currently group svp/supply chain administration, to evp and CFO effective October 1. In his new role, Orvos will supervise the company’s accounting, treasury, financial planning, tax, corporate social responsibility and investor...