Content about PLEASANTON

July 5, 2012

Fashion discounters continue to thrive in this economy, with TJX and Ross Stores continuing to report impressive monthly sales results.

November 17, 2011

PLEASANTON, Calif. — Ross Stores Inc. reported Thursday its third straight quarter of profits, as net income rose 18.6% to $144 million, from $121.4 million a year earlier. Results met Wall Street expectations.

“Operating our business on lower in-store inventories is driving faster turns and lower markdowns, which continues to benefit profit margins,” noted Michael Balmuth, CEO.

Revenue rose 9.2% to $2.05 billion, beating analysts’ predicted $2.03 billion in revenue.

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