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Ross Posts Q4 Beat But Coronavirus Specter Shadows 2020 Guidance

COVID-19 recovery is on the horizon but the pandemic's impact on sustainability, retail, product development and consumer buying patterns means the denim industry must evolve. Join Rivet on April 20th at 11 am ET for the COVID, One Year Later roundtable.

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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