Ross Stores easily topped expectations for its fourth quarter, but warned that housing, food and gasoline costs continue to put pressure on its customers.
In 2023, the fastest-growing grocers opened 253 stores and added 8.4 million sq. ft. of new space, with one company’s expansion outdistancing all others.
The TJX Companies ended the year on a strong note with comp sales growth across all its divisions and full-year sales that topped $50 billion — a record for the company.