Pursuits
Ross-TJX Beat U.S. Stores With Stuff for Season: Riskless Return
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Ross Stores Inc. and TJX Cos. are producing the best risk-adjusted returns among their peers by flipping extra goods to deal-hungry customers instead of tying their fortunes to fashion trends.
Ross, which sells discounted designer wear at more than 1,100 U.S. stores, outperformed 53 North American specialty and department stores in the past five years, according to the BLOOMBERG RISKLESS RETURN RANKING. The Pleasanton, California-based retailer had the highest total return and second-lowest volatility for a risk-adjusted gain of 11 percent. TJX, which owns the Marshalls and T.J. Maxx chains, came in second with a gain of 7.3 percent, helped by the smallest price swings.