Ross owns more than 1,500 stores in 37 states under the banners "Ross Dress For Less" and "dd's DISCOUNTS," and it's opening more than 80 stores annually at a time when department stores are losing sales and shutting down hundreds of stores. "Their customers are of an older demographic who have been loyal for years and will not be easily taken over by Amazon," said Eric Ervin, CEO of Reality Shares, an ETF issuer and research firm whose funds own holdings in Ross Stores.
Using the Earnings Calendar, we looked ahead to next week—one of the last busy weeks of the earnings season—and selected the biggest reports to watch. Salesforce, a cloud computing giant and global leader in customer relations solutions, is set to report its second-quarter fiscal 2018 results after the closing bell on August 22. While currency fluctuations and stepped-up investments might prove to be challenges, Salesforce remains a dominant industry force with diverse cloud offerings and strong client satisfaction.
Headquartered in Sunnyvale, CA, Accuray Inc. ARAY recently announced that the Boise-based Summit Cancer Center has initiated cancer treatment with its Radixact Treatment Delivery System. Radixact system provides complex treatments such as craniospinal and total marrow irradiation. Added to these functionalities, Summit Cancer Center has the capability to perform stereotactic radiosurgery (SRS) and stereotactic body radiotherapy (SBRT) while sparing normal tissues and maintaining optimal treatment efficacy.