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Leading American fashion retailers report rise in revenue in Q1

21 Jul '24
18 min read
Leading American fashion retailers report rise in revenue in Q1
Leading American fashion retailers report rise in revenue in Q1

Insights

  • American fashion retailers reported mixed results in the first quarter, with all showing increased revenue.
  • Burlington Stores' sales rose ** per cent to $**** billion, TJX Companies' sales grew ** per cent to $***** billion, Nordstrom's sales increased **.* per cent to $***.** billion, and Ross Stores' sales climbed ** per cent to $**** billion.

The financial reports from major US fashion retailers Ross Stores, Burlington Stores, TJX Companies, and Nordstrom reveal a mixed performance in the first quarter (Q*). Despite varying challenges, particularly in gross profit margins and net income, all leading retailers reported an increase in revenue for the quarter.

Burlington Stores

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