Ross Stores, Inc. (ROST) is a large-cap off-price retail apparel and home fashion company valued at $57.8 billion. With 1,831 Ross and 355 dd’s Discounts stores, ROST offers brand-name merchandise at 20% to 60% off, attracting value-conscious shoppers. Despite slipping from its 52-week high, ROST stock gained 17.4% over the past three months, outperforming the Nasdaq Composite. In Q3, ROST reported an EPS of $1.58, exceeding Wall Street expectations, with revenue of $5.6 billion. Wall Street analysts are bullish on ROST, giving it a consensus “Moderate Buy” rating with a mean price target of $182.33.
Read more at Barchart: Is Ross Stores Stock Underperforming the Nasdaq?
