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Ross Posts Q4 Beat But Coronavirus Specter Shadows 2020 Guidance

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Ross Stores Inc. easily beat Wall Street’s fourth-quarter estimates, but the off-price company is taking a prudently cautious tone on outlook in light of uncertainty over virus-driven supply chain disruptions in China. In a Nutshell: While the off-pricer outperformed Wall Street’s expectations, the retailer was cautious on outlook due to a number of factors beyond…

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