US’ Ross Stores projects cautious FY25 outlook amid sales slowdowns
Ross Stores has projected a cautious FY25 outlook due to softening sales from late January, impacted by unseasonable weather and macroeconomic volatility. FY24 sales rose to $21.13 billion, with net earnings reaching $2.09 billion. In Q4 FY24, sales hit $5.91 billion, with comparable store sales up 3 per cent. Ross remains focused on strategic growth and disciplined financial management.
Ross Stores has projected a cautious FY25 outlook due to softening sales from late January, impacted by unseasonable weather and macroeconomic volatility.
FY24 sales rose to $21.13 billion, with net earnings reaching $2.09 billion.
In Q4 FY24, sales hit $5.91 billion, with comparable store sales up 3 per cent.
Ross remains focused on strategic growth and disciplined financial management.
