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MarketBeat
MarketBeat
Jennifer Ryan Woods

Ross Stores Earnings Beat Sends Stock To New Highs

Ross Stores Ross TJX Burlington NYSE

Ross Stores Inc. (NASDAQ: ROST) demonstrated once again that bargain hunting is alive and well in today's economy. The off-price retailer posted strong first-quarter results on May 21 as higher customer traffic across the board helped drive growth.

The results also extended the company's streak of better-than-expected earnings and helped reignite momentum in the stock.

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