Ross Stores (ROST) Registers a Bigger Fall Than the Market: Important Facts to Note

Company Performance - Ross Stores (ROST) closed at $151.74, reflecting a -1.87% change from the previous day, underperforming the S&P 500's loss of 1.54% [1] - The stock has increased by 0.49% over the past month, while the Retail-Wholesale sector has declined by 4.27% and the S&P 500 by 2.2% [1] Upcoming Earnings - The upcoming earnings disclosure is anticipated, with an expected EPS of $1.65, indicating a 9.34% decline year-over-year [2] - Projected net sales are $5.92 billion, down 1.77% from the same quarter last year [2] Annual Estimates - For the annual period, earnings are estimated at $6.17 per share and revenue at $21.13 billion, representing increases of +10.97% and +3.71% respectively from the previous year [3] - Monitoring analyst projections is advised, as positive revisions can indicate a favorable business outlook [3] Zacks Rank and Valuation - Ross Stores currently holds a Zacks Rank of 3 (Hold), with a Forward P/E ratio of 25.04, which is higher than the industry average of 21.37 [5] - The PEG ratio stands at 2.56, compared to the industry average of 2.29 [6] Industry Context - The Retail - Discount Stores industry is part of the Retail-Wholesale sector and has a Zacks Industry Rank of 177, placing it in the bottom 30% of over 250 industries [7] - Strong individual industry groups, as measured by the Zacks Industry Rank, tend to outperform weaker groups by a factor of 2 to 1 [7]