Ross Stores (ROST) Exceeds Market Returns: Some Facts to Consider

Company Performance - Ross Stores (ROST) closed at $146.83, reflecting a +0.1% change from the previous day, outperforming the S&P 500's gain of 0.07% [1] - Over the past month, shares have increased by 1.33%, underperforming the Retail-Wholesale sector's gain of 2.94% and the S&P 500's gain of 4.34% [1] - The upcoming financial results are expected to show an EPS of $1.49, a 12.88% increase year-over-year, with revenue projected at $5.24 billion, indicating a 6.1% increase [1] Earnings Estimates - For the full year, earnings are projected at $5.97 per share and revenue at $21.2 billion, reflecting changes of +7.37% and +4.05% respectively from the previous year [2] - Recent changes in analyst estimates indicate shifting business dynamics, with positive revisions suggesting confidence in the company's performance [2] Valuation Metrics - Ross Stores has a Forward P/E ratio of 24.58, which is a premium compared to the industry's average Forward P/E of 21.32 [3] - The company has a PEG ratio of 2.57, which is comparable to the Retail - Discount Stores industry's average PEG ratio of 2.56 [3] Industry Context - The Retail - Discount Stores industry is part of the Retail-Wholesale sector and currently holds a Zacks Industry Rank of 164, placing it in the bottom 35% of over 250 industries [4] - The Zacks Industry Rank assesses industry strength based on the average Zacks Rank of individual stocks, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [4]