Ross Stores shares slump on declining sales, soft guidance

May 19, 2022 4:25 PM ETRoss Stores, Inc. (ROST)TJXBy: Kevin P. Curran, SA News Editor15 Comments

People shopping at Ross Dress for Less

Sundry Photography/iStock Editorial via Getty Images

Ross Stores (NASDAQ:ROST) shares plummeted in Thursday’s extended session after a seriously disappointing earnings release.

The Dublin, California-based discount retailer missed on both top and bottom lines for the first quarter while noting

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