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Ross Stores joins off-price winners circle
Ross Stores joined rival off-price retailer TJX in avoiding the weak traffic trends that have plagued other retailers in the third quarter, as shoppers continue to be attracted to value-priced merchandise.
Ross Stores reported that earnings per share for the 13 weeks ended Oct. 31 increased 15% to 53 cents on net earnings that rose 12% to $216 million. Sales for the fiscal 2015 third quarter grew 7% to $2.783 billion, with same store sales up 3%.

