The following sentence might cause anxiety. As Thanksgiving looms near, it's time to begin holiday shopping. ...

Market Overview - The U.S. stock market experienced a notable rebound on November 21, 2025, with major indexes posting significant gains, driven by optimism regarding potential interest rate cuts by the Federal Reserve [1][3] - The Dow Jones Industrial Average (DJIA) rose 1.6% (700 points), the S&P 500 (SPX) gained 1.5%, and the Nasdaq Composite (COMP:IND) increased by 1.5%, although all three indexes were still expected to end the week in negative territory [2] Federal Reserve Influence - Remarks from New York Federal Reserve President John Williams indicated support for an additional rate cut "in the near term," boosting investor confidence and increasing the probability of a December rate cut to 73.1% from 39.1% [3] Sector Performance - The technology sector showed mixed performance, with Nvidia (NVDA) reporting a 62% increase in sales and a 67% surge in EPS, yet its shares fluctuated, reflecting ongoing concerns about AI valuations [4] - The retail sector performed strongly, with Ross Stores (ROST) shares rising 7% to an all-time high, and Gap (GAP) shares increasing by 8% due to better-than-expected results [5] - Intuit (INTU) shares surged 6% following strong quarterly results, while Walmart (WMT) shares declined by approximately 2% despite a previous jump on strong earnings [5] Commodity and Currency Markets - WTI crude futures fell nearly 2% to $57.95 per barrel, while gold futures rose 0.6% to $4,085 per ounce [6] - The U.S. dollar index increased to 100.25, and Bitcoin (BTC) continued its downward trend, hitting a nine-month low [6] Economic Outlook - The Federal Reserve's final interest-rate decision of 2025 is scheduled for December 9-10, with policymakers divided on inflation and labor market concerns [7] - Key economic reports, including delayed inflation and jobs data, are set for release in the coming weeks, which will provide insights into consumer behavior and inflation trends [8][10] Corporate Earnings - The third-quarter 2025 earnings season is concluding, with 82.6% of S&P 500 companies exceeding analyst expectations [11] - Genesco Inc. (GCO) is scheduled to report its third-quarter fiscal 2026 results on December 4, 2025 [11] International Developments - Tata Consultancy Services (TCS) announced a joint venture with TPG to invest ₹18,000 crore in AI infrastructure in India, indicating significant investments in the sector [12] - In Canada, Dye & Durham Ltd. shares rose over 20% following a takeover proposal from Plantro Ltd. [12]

Core Insights - Ross Stores, Inc. is a leading player in the off-price retail sector, focusing on providing discounted apparel and accessories to value-conscious consumers [1] - The company has a loyal customer base and competes with other off-price retailers like TJX Companies and Burlington Stores [1] Financial Performance - Ross Stores has raised its annual profit forecast due to strong demand for discounted products, particularly with the holiday season approaching [3] - The company reported a 7% increase in same-store sales, exceeding Wall Street's expectations of 3.9% growth [3][6] - In the third quarter, Ross Stores reported earnings of $1.58 per share, surpassing the analyst estimate of $1.41 per share [4][6] - Quarterly revenue reached $5.6 billion, outperforming the analyst consensus estimate of $5.42 billion [4][6] Stock Performance - Telsey Advisory updated its rating for Ross Stores to "Market Perform" and raised the price target from $160 to $175, indicating a positive outlook [2][6] - The stock has shown resilience, trading between $160.34 and $164.23, with a market capitalization of approximately $52.2 billion [5]

Core Insights - Major U.S. equities indexes experienced gains, driven by comments from a Federal Reserve official suggesting a potential interest rate cut in December [1] Company Performance - Ross Stores (ROST) emerged as the best-performing stock in the S&P 500, with shares increasing by 7% after surpassing earnings and revenue estimates, and raising its outlook due to strong customer demand [2] - Gap Inc. saw its shares rise by 8% following better-than-expected results and an optimistic guidance, attributed to robust demand across its brands [2] - Intuit (INTU) reported a 6% surge in shares, benefiting from strong quarterly results and increased demand for its artificial intelligence tools [3] - Veeva Systems (VEEV) experienced a decline of over 10% as it warned of reduced usage of its Vault CRM system by biopharmaceutical firms [4] Market Trends - Oil futures declined while gold prices increased, indicating a shift in commodity markets [4] - The yield on the 10-year Treasury note decreased to 4.08%, reflecting changes in investor sentiment [4] - The U.S. dollar showed mixed performance against major currencies, gaining against the euro but losing ground to the pound and yen [4]

Ross Stores, Inc. (NASDAQ:ROST) posted better-than-expected third-quarter earnings after Thursday’s closing bell.Ross Stores reported quarterly earnings of $1.58 per share, which beat the analyst estimate of $1.41. Quarterly revenue came in at $5.6 billion, which beat the analyst consensus estimate of $5.42 billion."We are pleased with our third-quarter sales results, which accelerated from the prior quarter. Our merchandise assortment of compelling brand name values resonated with shoppers, and our new mar ...

Ross Stores, Inc. (NASDAQ:ROST) posted better-than-expected third-quarter earnings after Thursday’s closing bell.Ross Stores reported quarterly earnings of $1.58 per share, which beat the analyst estimate of $1.41. Quarterly revenue came in at $5.6 billion, which beat the analyst consensus estimate of $5.42 billion."We are pleased with our third-quarter sales results, which accelerated from the prior quarter. Our merchandise assortment of compelling brand name values resonated with shoppers, and our new mar ...

INVESTING RESOURCES Take a Trial Today Get instant access to exclusive stock lists, expert market analysis and powerful tools with 2 months of IBD Digital for only $20! IBD Videos BREAKING: Stocks Bounce But Tumble For Week Shares of Ross Stores (ROST) rallied to an all-time high Friday, rising past a buy point, after the retailer beat earnings and sales expectations and raised its fiscal-year outlook amid momentum in the discount chain. The company late Thursday reported earnings of $1.58 a share, a year-o ...

With Friday's gains, shares of Ross Stores have climbed close to 15% year-to-date. Bloomberg / Contributor / Getty Images Close Key Takeaways Ross Stores (ROST) shares jumped to an all-time high Friday after the off-price retailer became the latest to say it's seeing sales surge as shoppers search for deals. The stock was up nearly 8% over $173 in recent trading, leaving it on track to close at a record high. (Read our daily markets coverage here.) Ross Stores posted third-quarter earnings per share of $1 ...

Core Insights - Ross Stores, Inc. reported strong financial performance in Q3 fiscal 2025, with both earnings and sales exceeding expectations, showcasing a year-over-year increase in net sales and earnings per share [1][2]. Financial Performance - Earnings per share (EPS) for Q3 reached $1.58, surpassing the Zacks Consensus Estimate of $1.40, despite a 5-cent negative impact from tariff-related costs [2]. - Total sales amounted to $5.6 billion, reflecting a 10% year-over-year increase and exceeding the Zacks Consensus Estimate of $5.41 billion. Comparable store sales improved by 7% year over year [3][9]. - The strongest merchandise categories included cosmetics, shoes, and ladies' apparel, while children's and men's categories performed in line with the overall chain [4][9]. Cost and Margin Analysis - Cost of Goods Sold (COGS) increased by 35 basis points year over year, with distribution costs rising by 60 basis points due to a new distribution center and higher tariff-related processing costs [5]. - The operating margin for the company was 11.6%, down 35 basis points year over year, primarily due to tariff-related costs [6][14]. Cash and Debt Position - At the end of Q3, Ross Stores had cash and cash equivalents of $3.8 billion, with long-term debt of $1.02 billion and total shareholders' equity of $5.7 billion [7]. Share Repurchase and Expansion - In Q3, the company repurchased 1.7 million shares for a total cost of $262 million, with plans to buy back $1.05 billion worth of shares in fiscal 2025 [10]. - The company opened 36 new Ross stores and four dd's DISCOUNTS stores, completing its target of 90 new locations for fiscal 2025 [11]. Future Outlook - For Q4 fiscal 2025, Ross Stores expects comparable store sales growth of 3-4% and total sales growth of 6-7% year over year, despite ongoing tariff costs [13][15]. - The company raised its EPS outlook for fiscal 2025 to a range of $6.38-$6.46, compared to $6.32 reported in fiscal 2024, accounting for a negative impact of 16 cents per share from tariffs [15].

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Friday's key moments. 1. The S & P 500 and Nasdaq fluctuated Friday as the indexes try to bounce back from Thursday's AI-stock-related rout. Jim Cramer called Thursday's nosedive "jarring." Friday, however, investors were enthused by remarks from New York Fed President John Williams, who suggested a chance for a December interest rate cut. According to the CME FedWatch tool, the lik ...