Ross Stores (NASDAQ: ROST) is set to report earnings, with last quarter’s revenue beating expectations by 0.5% at $4.98 billion. Analysts predict 4.8% revenue growth to $5.54 billion this quarter, with EPS at $1.54. Despite missing estimates three times in the past two years, analysts are confident in Ross Stores. Peers like Dillard’s have seen positive results, beating revenue estimates by 2.6%. Overall sentiment in the general merchandise retail segment is up 6.4% over the last month. With an average analyst price target of $153.76, Ross Stores is currently trading at $148.20.

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Read more at Barchart: Ross Stores (ROST) Reports Q2 Results Tomorrow