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May 27, 2025

News Desk

Business

Ross Stores Managing Director makes a gloomy prediction amid Trump China prices

The Ross dress for fewer struggles with a serious challenge, as the first quarter profits for 2025 reveal stagnant sales and a reduction in net income. The discount retailer, facing a shrinking customer base, is thinking of significant adjustments that could affect buyers in the near future. For the first quarter, ROSS stores reported flat comparable sales compared to the same period last year and net income of $ 479 million, which marked nearly 2% declining the previous year. This fall comes amid a steady decline in customer visits, with Placer.Ai data, which decreases by 2.7% annually to visits per