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 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 ...

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]

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, 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 ...

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued ...

Core Insights - Ross Stores, Inc. (ROST) is positioned for growth due to strategic store expansions and a successful off-price business model, leading to strong comparable-store sales performance [1][2] - Analysts project fiscal 2024 sales and earnings per share (EPS) to reach $21.3 billion and $6.20, reflecting year-over-year growth of 4.4% and 11.5% respectively [1] - The company plans to open 90 new stores in fiscal 2024, including 75 Ross and 15 dd's DISCOUNTS, while optimizing its store portfolio by closing or relocating 10-15 older stores [2] Strategic Endeavors - Ross Stores has consistently executed store expansions, opening 21 New Rock and three dd's DISCOUNT stores in the fiscal second quarter [2] - The long-term goal includes expanding "Ross Dress for Less" to 2,900 stores and dd's DISCOUNTS to 700 stores [2][3] - The off-price retail model continues to attract value-conscious customers, enhancing product allocation and margins [3] Financial Performance - Comparable-store sales (comps) rose 4% in the fiscal second quarter, driven by increased customer traffic and larger basket sizes, resulting in a 7% year-over-year sales improvement [5] - For the third and fourth quarters of fiscal 2024, comps growth is projected to be between 2% and 3% [5] - The cost of goods sold increased by 6.2% year over year, and selling, general, and administrative expenses grew by 3.5% year over year, impacting profitability [4] Market Position - ROST shares have increased by 25.2% over the past year, compared to the industry's growth of 43.1% [7] - The company currently holds a Zacks Rank 3 (Hold) [7]

Ross Stores (ROST) closed the most recent trading day at $146.78, moving -0.64% from the previous trading session. The stock fell short of the S&P 500, which registered a loss of 0.17% for the day. Meanwhile, the Dow lost 0.44%, and the Nasdaq, a tech-heavy index, lost 0.04%.Prior to today's trading, shares of the discount retailer had lost 2.66% over the past month. This has lagged the Retail-Wholesale sector's gain of 5.43% and the S&P 500's gain of 1.25% in that time.The investment community will be payi ...

Ross Stores, Inc. (ROST) is well-poised for growth, thanks to its robust strategic efforts. Solid customer response for its merchandise across the banners has been boosting its comparable-store sales (comps) performance for a while. Its store-expansion plans and off-price model also bode well. Currently trading at $150.73, the stock is hovering around its 52-week high of $163.60, reached on Aug. 23, 2024. However, it is trading at a 39.1% premium to its 52-week low mark.Let’s find out more.Off-Price Model & ...

Ross Stores, Inc. (NASDAQ: ROST ) operates off-price retail apparel and home fashion stores under the Ross Dress for Less and dd's DISCOUNTS brand names. The company is just shy of 2000 retail locations spanning across 40 I have a masters degree in Analytics from Northwestern University and a bachelors degree in Accounting. I have worked in the investment arena for over 10 years starting as an analyst and working my way up to a management role. Dividend investing is a personal hobby and I look forward to sh ...