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Ross Stores Squeezes Out Earnings Gain Despite Higher Costs

The Rivet 50 is calling for nominations for leaders in the denim industry in 5 categories: design, influencer, leadership, sustainability and supply chain. Nominations close on May 23.

Off-price retailer Ross Stores Inc. posted sales and earnings gains in its fiscal first quarter and upped its guidance for the year. In a Nutshell: Ross Stores delivered sales gains at the high end of its guidance, despite what it said was continued underperformance in women’s apparel. Operating margin of 14.1 percent was down from…

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