Ross Stores(ROST)

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Unlocking Q3 Potential of Ross Stores (ROST): Exploring Wall Street Estimates for Key Metrics
ZACKS· 2024-11-18 15:15
Wall Street analysts expect Ross Stores (ROST) to post quarterly earnings of $1.40 per share in its upcoming report, which indicates a year-over-year increase of 5.3%. Revenues are expected to be $5.15 billion, up 4.7% from the year-ago quarter.The current level reflects a downward revision of 0.3% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Ahead of a compa ...
Ross Stores (ROST) Reports Next Week: Wall Street Expects Earnings Growth
ZACKS· 2024-11-14 16:00
The market expects Ross Stores (ROST) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended October 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on November 21, 2024, might help the stock move higher if these key numbers ...
Ross Stores (ROST) Beats Stock Market Upswing: What Investors Need to Know
ZACKS· 2024-11-09 00:00
Ross Stores (ROST) ended the recent trading session at $143.40, demonstrating a +0.96% swing from the preceding day's closing price. The stock's change was more than the S&P 500's daily gain of 0.38%. On the other hand, the Dow registered a gain of 0.59%, and the technology-centric Nasdaq increased by 0.09%.Prior to today's trading, shares of the discount retailer had gained 0.72% over the past month. This has lagged the Retail-Wholesale sector's gain of 6.11% and the S&P 500's gain of 4.9% in that time.The ...
Ross Stores' Store Expansions & Business Model Good: Apt to Hold?
ZACKS· 2024-11-06 15:35
Ross Stores, Inc. (ROST) has been benefiting from tailwinds, including store-expansion plans and its off-price retailing model. It has been offering branded and designer goods at discounted prices. This has helped it maintain customer loyalty and adapt to changing consumer preferences. ROST has been expanding its foothold by introducing stores and extending its capabilities. Let’s delve deeper.ROST’s Solid Strategies Boost SalesRoss Stores has been consistently executing store expansions over the years. Rec ...
Ross Stores (ROST) Rises As Market Takes a Dip: Key Facts
ZACKS· 2024-10-31 23:01
Ross Stores (ROST) closed the latest trading day at $139.72, indicating a +0.09% change from the previous session's end. The stock outperformed the S&P 500, which registered a daily loss of 1.86%. On the other hand, the Dow registered a loss of 0.9%, and the technology-centric Nasdaq decreased by 2.76%. Prior to today's trading, shares of the discount retailer had lost 5.51% over the past month. This has lagged the Retail-Wholesale sector's loss of 0.23% and the S&P 500's gain of 1.01% in that time. The inv ...
Ross Stores Positioned to Shine in the Holiday Shopping Season
MarketBeat· 2024-10-29 11:45
Ross Stores TodayROSTRoss Stores$143.16 -1.06 (-0.73%) 52-Week Range$113.45▼$163.60Dividend Yield1.03%P/E Ratio23.09Price Target$169.71Add to WatchlistRoss Stores Inc. NASDAQ: ROST is the largest off-price apparel and home fashion retailer in the United States, with over 1,800 stores in 43 states and the District of Columbia. The retail/wholesale sector giant just opened 43 new Ross Dress for Less and four dd's DISCOUNTS stores across 22 states in September and October of 2024. This concludes its 2024 goal ...
Ross Stores Appoints Boot Barn Chief James Conroy as CEO
PYMNTS.com· 2024-10-29 01:32
Ross Stores has appointed Boot Barn President and CEO James Conroy as its CEO, effective Feb. 2, 2025. The appointment follows a search process launched in June 2023 when Ross Stores announced its long-term CEO succession plan in which current CEO and Vice Chair Barbara Rentler will move to an advisory role as of Feb. 2, 2025, and serve in that role through March 31, 2027, the company said in a Monday (Oct. 28) press release. Conroy will join Ross Stores on Dec. 2 as CEO elect and will become a member of th ...
Ross Stores (ROST) Sees a More Significant Dip Than Broader Market: Some Facts to Know
ZACKS· 2024-10-25 23:06
Core Viewpoint - Ross Stores (ROST) has experienced a stock price decline of 5.52% over the past month, underperforming the Retail-Wholesale sector and the S&P 500 index [1] Group 1: Stock Performance - At the latest market close, Ross Stores reached a price of $144.22, reflecting a -0.11% change from the previous day, which is worse than the S&P 500's loss of 0.03% [1] - The stock has dropped by 5.52% in the past month, while the Retail-Wholesale sector lost only 0.9% and the S&P 500 gained 1.39% [1] Group 2: Earnings Estimates - The upcoming earnings report for Ross Stores is projected to show an EPS of $1.41, indicating a 6.02% increase compared to the same quarter last year [1] - Quarterly revenue is expected to be $5.17 billion, up 5.01% from the previous year [1] - For the full year, analysts expect earnings of $6.20 per share and revenue of $21.27 billion, representing changes of +11.51% and +4.39% respectively from last year [1] Group 3: Analyst Estimates and Rankings - Recent changes to analyst estimates for Ross Stores reflect near-term business trends, with positive revisions indicating optimism about the company's profitability [2] - The Zacks Rank for Ross Stores is currently 3 (Hold), with the Zacks Rank system showing that 1 stocks have generated an average annual return of +25% since 1988 [2] Group 4: Valuation Metrics - Ross Stores has a Forward P/E ratio of 23.29, which is higher than the industry average of 20.41 [3] - The company has a PEG ratio of 2.35, compared to the Retail - Discount Stores industry's average PEG ratio of 2.38 [3] - The Retail - Discount Stores industry ranks in the bottom 37% of all industries, with a Zacks Industry Rank of 160 [3]
Ross Stores (ROST) Outperforms Broader Market: What You Need to Know
ZACKS· 2024-10-16 23:21
In the latest trading session, Ross Stores (ROST) closed at $147.78, marking a +1.05% move from the previous day. The stock outperformed the S&P 500, which registered a daily gain of 0.47%. Meanwhile, the Dow experienced a rise of 0.79%, and the technology-dominated Nasdaq saw an increase of 0.28%.Coming into today, shares of the discount retailer had lost 2.71% in the past month. In that same time, the Retail-Wholesale sector gained 3.09%, while the S&P 500 gained 3.48%.Investors will be eagerly watching f ...
Ross Stores Stock Gains 11% in Six Months: What's Next for Investors?
ZACKS· 2024-10-16 12:45
Ross Stores, Inc. (ROST) has provided investors with decent gains, appreciating 10.7% over the past six months. While trailing behind the broader industry’s growth of 14.2%, this performance highlights the company's resilience in a competitive retail environment.The company’s resilience is attributed to several factors, including its value-oriented off-price retailing model, offering branded and designer goods at discounted prices. This has helped maintain customer loyalty and adapt to changing consumer pre ...