Do Wall Street Analysts Like Ross Stores Stock?

Core Viewpoint - Ross Stores, Inc. is a prominent off-price retailer in the U.S., facing both growth opportunities and margin pressures in a competitive market [1][3]. Company Overview - Ross Stores operates two main chains: Ross Dress for Less and dd's DISCOUNTS, focusing on discounted brand-name products [1]. - The company has expanded to over 2,000 locations and has a market capitalization of $52.76 billion [2]. Financial Performance - In Q2 of fiscal 2025, Ross Stores reported a 4.6% year-over-year increase in sales to $5.53 billion, aligning with analyst expectations [5]. - Comparable store sales rose by 2% year-over-year, although EPS declined by 1.9% to $1.56, still surpassing the consensus estimate of $1.52 [5]. Market Position - Over the past 52 weeks, Ross Stores' stock has increased by 14%, but it has underperformed compared to the S&P 500 Index, which gained 17.5% [3][4]. - The stock reached a 52-week high of $165.07 on November 5 but has since decreased by 1.7% [3]. Future Guidance - The company anticipates a decline in EPS for Q3, projecting a range of $1.31 - $1.37 compared to $1.48 in the same quarter last year [6]. - For Q4, EPS is expected to be between $1.74 - $1.81, slightly lower than the previous year's $1.79 [6].