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Discount retailer Ross Stores Inc. on Tuesday forecast the possibility of falling sales this fiscal year, and cited slowing trends over recent weeks as harsh weather kept people indoors and worries about the economy persisted.
Ross Stores
ROST said it expects same-store sales for its fiscal 2025, which ends on Jan. 31, 2026, to be within a range of down 1% to up 2%, worse than FactSet expectations for a 3% gain. The chain said it expects earnings per share of $5.95 to $6.55, compared with FactSet forecasts for $6.67.
