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Ross Earnings, Sales Up But Guidance Spooks Shareholders

From new denim constructions, weights and washes to the steps global mills are taking to reduce impact, Rivet's SS23 In Season Look Book: Denim & Trims has everything you need to know for a successful denim season.

Ross beat expectations on both sales and income but a cautious forecast for FY18 dragged shares down. In a nutshell: A boost in foot traffic and larger basket size drove comps up for Ross Stores during the fourth quarter. The company noted children’s wear as a standout category and said cold weather items also performed well. While accessories struggled throughout the year, even that…

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