Company Overview - Ross Stores Inc. operates as an off-price retailer of apparel and home accessories primarily in the United States, with stores under the Ross Dress for Less and dd's DISCOUNTS brands [7] - The company's stores are mainly located in community and neighborhood shopping centers in densely populated urban and suburban areas [7] Investment Ratings - Ross Stores has a Zacks Rank of 2 (Buy) and a VGM Score of B, indicating a strong investment potential [7][8] - The company is considered a top pick for growth investors, with a Growth Style Score of B, forecasting year-over-year earnings growth of 7.4% for the current fiscal year [7] Earnings Estimates - In the last 60 days, nine analysts have revised their earnings estimates upwards, with the Zacks Consensus Estimate increasing by $0.09 to $5.97 per share [7] - Ross Stores has an average earnings surprise of 10.6%, suggesting a strong performance relative to expectations [7]
Here's Why Ross Stores (ROST) is a Strong Growth Stock