Ross Stores Investors Win Big as Off-Price Retailers Outperform
Ross Stores(ROST) MarketBeat·2024-08-23 13:05
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 ...