Ross Stores Rose, TJX Fell, Despite TJX's Weaker Comp Sales Gain Looking Stronger on Paper
Ross posted 10% comparable sales growth versus TJX's 4%, but investors sent the two off-price retailers' stocks in opposite directions after earnings a day apart.
Ross Stores grew comparable sales 10% in the quarter reported, more than double TJX's 4%, yet only one of the two stocks rose on the news.