Ross Stores (ROST) experienced a decrease due to macroeconomic concerns
From Yahoo Finance: 2025-04-23 10:03:00
Madison Investments released its first-quarter 2025 investor letter for the Madison Mid Cap Fund, which saw a 4.15% decrease (Class I) compared to the Russell Midcap Index’s 3.40% decrease. Check out the fund’s top five holdings for its best picks in 2025.
Ross Stores, Inc. (NASDAQ: ROST) was highlighted in Madison Mid Cap Fund’s Q1 2025 investor letter. The off-price fashion retailer, headquartered in Dublin, California, had a one-month return of 7.62% and shares that gained 3.61% over the last 52 weeks, closing at $137.89 per share on April 22, 2025.
Madison Mid Cap Fund discussed Ross Stores, Inc. (NASDAQ: ROST) in its Q1 2025 investor letter, noting that macroeconomic concerns caused the stock to lag, despite strong recent sales and profits. The company’s flexible business model and value proposition position it well for any economic climate.
Ross Stores, Inc. (NASDAQ: ROST) is not among the 30 most popular stocks among hedge funds, with 62 hedge fund portfolios holding it at the end of Q4 2024. While the company reported $5.9 billion in sales in Q4, our conviction lies in AI stocks for potentially higher returns.
In another article, Ross Stores, Inc. (NASDAQ: ROST) was featured as one of the best retail stocks to buy. Check out more investor letters from hedge funds and leading investors on our hedge fund investor letters Q1 2025 page.
Read more: Ross Stores (ROST) Fell Due to Macroeconomic Concerns