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Ross Stores revenues climb 8 percent for Q3

By FashionUnited

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The company said on Thursday its Q3 net profit increased. Revenues increased by 8 percent from the same period last year.

The company's net profit for Q3 was 371 million dollars, climbed from 338 million dollars a year earlier. Furthermore, revenues climbed to 3,849 million dollars.

Ross Stores (NASDAQ: ROST) is an American chain of discount stores operating under the name ‘Ross Dress for Less’. Ross Stores operates almost 1500 Ross Dress for Less stores. Discounts is a younger retail concept with more than 200 stores.

As of 2019, Ross Stores has more than 88,100 employees and operates over 1,600 stores.

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