Ross Stores Grew Comparable Sales 10%. TJX Grew 4%.
Ross Stores reported comparable sales growth of 10% in its fiscal second quarter, while TJX grew comparable sales 4%. TJX beat its plan on sales, margin, and earnings, raised its full-year outlook, but its stock still fell after its report.
Why it matters — The comparison highlights that TJX's 4% comparable sales growth trailed Ross Stores' 10% growth, even though TJX beat its own guidance and raised its outlook.