t's been a difficult couple of quarters for off-price retailers like TJX and Ross Stores
with a combination of extreme bad weather and a tough retail
environment causing sluggish sales growth. The question going forward is
whether this is just a temporary, weather-related phenomenon or the
start of a downtrend.
TJX and Ross Stores report
Ross Stores and TJX have both reported and given disappointing sales growth figures. A chart of their comparable same-store sales figures (adjusted to fit the calendar year) demonstrates that they tend to follow each other and that the last two quarters have been difficult.
Ross Stores and TJX have both reported and given disappointing sales growth figures. A chart of their comparable same-store sales figures (adjusted to fit the calendar year) demonstrates that they tend to follow each other and that the last two quarters have been difficult.
Source: TJX Companies and Ross Stores Presentation
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