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 ...

Ross Stores (ROST) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, ROST crossed above the 20-day moving average, suggesting a short-term bullish trend.The 20-day simple moving average is a popular trading tool. It provides a look back at a stock's price over a 20-day period, and is beneficial to short-term traders since it smooths out price fluctuations and provides more trend reversal signals than longer-term moving averages.Similar ...

For the quarter ended July 2024, Ross Stores (ROST) reported revenue of $5.29 billion, up 7.2% over the same period last year. EPS came in at $1.59, compared to $1.32 in the year-ago quarter.The reported revenue represents a surprise of +0.73% over the Zacks Consensus Estimate of $5.25 billion. With the consensus EPS estimate being $1.49, the EPS surprise was +6.71%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expecta ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark one) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended August 03, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | --- | |-------------------------------------------------------------|--------------------------------------------------------|-------------------------------------------| | | | ...

With solid trailing results and inspiring profitability guidance, the company delivered a satisfying quarterly-earnings report.Ross Stores (ROST 1.76%) was a post-earnings winner of a stock on Friday after posting its second-quarter results following market hours Thursday. Clearly satisfied with the news, investors bid the discount retailer's shares up by nearly 2%. This was just enough to edge past the gain of the lively S&P 500 index that day.A double beat in the second quarterRoss's total sales amounted ...

Ross Stores, Inc. ROST shares are trading higher on Friday.Yesterday, the company reported better-than-expected second-quarter financial results and raised its outlook.Ross Stores expects third-quarter earnings of between $1.35 and $1.41 per share, versus the $1.38 per share estimate, and earnings of between $1.60 and $1.67 per share for the fourth quarter.Analysts covering the retail behemoth provided their takes:JP Morgan analyst Matthew R. Boss reiterated the Overweight rating on the stock, raising the p ...

Ross Stores, Inc. (ROST) reported strong results for the second quarter of 2024, with both its top and bottom lines showing year-over-year growth and surpassing the Zacks Consensus Estimate. The strong results can be attributed to its focus on offering stronger value propositions to customers. Despite better-than-expected results, Ross Stores has provided cautious guidance for the second half of 2024.Let’s Delve Deeper into ROST’s Q2 PerformanceRoss Stores, the leading off-price apparel retailer, delivered ...

Key TakeawaysRoss Stores raised its fiscal 2024 profit outlook and beat analysts' second-quarter top- and bottom-line expectations.Q2 sales rose 7% year-over-year and EPS jumped 20%.CEO Barbara Rentler said the company is being cautious with its guidance given the economic challenges faced by its customer base. Ross Stores (ROST) shares rose Friday, a day after the discount clothing retailer raised its full-year profit outlook but acknowledged a challenging consumer spending environment. The company now exp ...

Ross Stores TodayROSTRoss Stores$152.52 -1.43 (-0.93%) 52-Week Range$108.35▼$157.85Dividend Yield0.96%P/E Ratio25.72Price Target$161.13Add to WatchlistUnsurprisingly, off-price retailers like Ross Stores NASDAQ: ROST and TJX Companies NYSE: TJX outperform. The off-price retail segment is well-positioned after years of economic turmoil, including supply chain logjams, high inflation, high interest rates, and the ensuing inventory bloat seen among apparel manufacturers and major retailers. Today, consumers ar ...