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Ross Stores offers cautious guidance

Ross Stores Inc.'s profit and revenue rose above expectations in the final quarter of the year year, but the retailer offered a tepid outlook amid broader economic and industry uncertainty.

Off-price retailers such as Ross Stores and T.J. Maxx and Marshalls parent TJX Cos. have been generally faring better than department stores as consumers have remained price-conscious.

For the three months ending Jan. 28, Ross Stores' comparable sales rose 4%, the same gain as in the period a year earlier.

But looking ahead, Chief Executive Barbara Rentler said, "There continues to be...