Company Overview - Ross Stores, Inc. is based in Dublin, California, and operates home fashion and off-price retail apparel stores, with a market cap of $49.4 billion [1] - The company offers a variety of products including apparel, accessories, footwear, and home fashion items through its outlets in the United States [1][2] Stock Performance - Ross Stores' stock touched a 52-week high of $158.69 on December 9, 2024, and is currently trading 4.5% below that peak [3] - Over the past three months, ROST stock has gained 5.4%, underperforming the S&P 500 Index's 8.3% surge during the same period [3] - Year-to-date, ROST stock has seen a marginal 20 basis points uptick in 2025 and 69 basis points gains over the past 52 weeks, significantly lagging behind SPX's 10.4% gains year-to-date and 20.1% surge over the past year [4] Recent Financial Results - Following the release of mixed Q2 results on August 21, Ross Stores' stock prices gained 1.1% [5] - The company's topline for the quarter increased 4.6% year-over-year to $5.5 billion, aligning closely with market expectations [5] - Earnings per share (EPS) for the quarter dropped 1.9% year-over-year to $1.56, but surpassed consensus estimates by 2.6% [5] Competitive Landscape - Ross Stores has significantly underperformed compared to its peer, TJX Companies, Inc., which saw 16.6% gains year-to-date and 21.8% surge over the past 52 weeks [6] - The company's performance may be adversely affected in the coming quarters due to high tariffs imposed on Asian countries that manufacture and export textiles and garments to the US [6]