Ross Stores Grew Comparable Sales 10%. TJX Grew 4%. Only One Stock Went Up.
The two off-price giants reported the same 13 weeks, a day apart. The market read them very differently -- and the second-half plans say why.
Overview
The two biggest off-price retailers just reported the same 13 weeks of business, one day apart. The market treated them like different industries.
TJX (NYSE:TJX), the company behind TJ Maxx, Marshalls, and HomeGoods, reported Wednesday morning that its comparable sales -- sales at stores open long enough to compare with a year earlier -- grew 4% in its fiscal second quarter of 2027 (the period ended Aug. 1, 2026), above its own plan. The stock fell 4% that day and kept falling Thursday, leaving it within about 5% of its 52-week low.
Details
Ross Stores (NASDAQ:ROST) reported its own quarter, covering the very same weeks, after Thursday's close. Comparable sales grew 10%. The stock jumped on Friday, closing up more than 4%.
Source
Originally published at www.fool.com.