Like TJX Corporation (NYSE:TJX), Ross Stores Inc (NASDAQ:ROSS) thrived as consumers drifted away from high-end retailers. Ross Stores topped quarterly estimates and improved its outlook, with its shares rising about 6% on Thursday upon Thursday's report during extended trading. Premium cosmetics giant, The Estee Lauder Companies (NYSE:EL), issued a weak guidance and slow recovery of its business in Asia. Farfetch Limited (NYSE:FTCH) stock tanked after the luxury fashion e-commerce retailer posted a big revenue miss and weaker than expected guidance. These latest reports continue the trend that Target Corporation (NYSE:TGT) and Walmart Inc...
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