Ross Stores, Inc. (ROST) has adeptly responded to the macroeconomic challenges by adjusting its merchandise across both primary retail banners. This strategic adaptation has led to an increase in comparable store sales, indicating robust consumer demand and effective merchandise offerings. In the first quarter of 2024, comps improved 3%, mostly attributable to higher customer traffic. This led to a sales improvement of 8% year over year. The company surpassed the Zacks Consensus Estimate for both the top an ...