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Investing.com25d agoneutral
Where’s the long-term money in softlines?

Investing.com -- Long-term investors remain broadly underweight U.S. softlines stocks, with Ross Stores standing out as a recent beneficiary of shifting fund positioning, according to Evercore ISI.

Broadcom Chip Financing; Ross Earnings Forecast | Stock Movers
Bloomberg34d agoneutralVIDEO
Broadcom Chip Financing; Ross Earnings Forecast | Stock Movers

On this episode of Stock Movers: - Broadcom (AVGO) is in talks with a group of lenders to raise more than $60 billion in debt for an AI chip financing deal that will benefit Anthropic PBC and other companies, according to people with knowledge of the matter. - Ross Stores (ROST) shares climb after the off-price retailer boosted its earnings per share forecast for the full year. The company said it saw strength throughout the second quarter, with comparable store sales growth supported by "both an increase in new customers and higher engagement from existing customers." - BJ's Wholesale (BJ) boosted its adjusted earnings per share guidance for the full year; the guidance beat the average analyst estimate.

Ross Stores shares surge after strong Q2 prompts earnings guidance increase
InvestorsHub34d agobullish
Ross Stores shares surge after strong Q2 prompts earnings guidance increase

Ross Stores (NASDAQ:ROST) shares rallied in pre-market trading after the off-price retailer delivered stronger-than-expected second-quarter sales and earnings and raised its full-year profit outlook, supported by higher customer traffic and a tariff refund. Sales for the quarter increased 13% year on year to $6.

Ross Stores Q2 Earnings Call Highlights
MarketBeat34d agoneutral
Ross Stores Q2 Earnings Call Highlights

Ross Stores (NASDAQ:ROST) reported strong second-quarter fiscal 2026 results, with sales rising 13% to $6.3 billion and comparable-store sales increasing 10%, driven primarily by higher transaction volume. The company said the quarter marked its second consecutive period of double-digit comparable-s

Ross Stores Boosts Outlook as Sales Climb
The Wall Street Journal35d agoneutral
Ross Stores Boosts Outlook as Sales Climb

The off-price retailer now forecasts earnings per share of $8.61 to $8.77 for the year as its second-quarter profit and sales gained on higher traffic.

6 Big Takeaways From Retail’s Big Week of Earnings
Barrons.com35d agoneutral
6 Big Takeaways From Retail’s Big Week of Earnings

Walmart set a somber tone for the first week of retailer earnings, but that wasn’t the whole story. The big news was Walmart’s sales woes as the Bentonville, Ark.-based giant reported a same-store sales decline—the first since 2020. Target meanwhile, showed some signs of life, reflecting its turnaround efforts.