Ross Stores, Inc. (ROST)
Market Cap | 48.86B |
Revenue (ttm) | 20.38B |
Net Income (ttm) | 1.87B |
Shares Out | 336.67M |
EPS (ttm) | 5.56 |
PE Ratio | 25.96 |
Forward PE | 24.13 |
Dividend | $1.47 (1.02%) |
Ex-Dividend Date | Mar 14, 2024 |
Volume | 2,150,489 |
Open | 145.52 |
Previous Close | 145.12 |
Day's Range | 144.13 - 146.11 |
52-Week Range | 99.00 - 151.12 |
Beta | 1.05 |
Analysts | Buy |
Price Target | 154.95 (+7.37%) |
Earnings Date | Mar 5, 2024 |
About ROST
Ross Stores, Inc., together with its subsidiaries, operates off-price retail apparel and home fashion stores under the Ross Dress for Less and dd's DISCOUNTS brand names in the United States. Its stores primarily offer apparel, accessories, footwear, and home fashions. The company's Ross Dress for Less stores sell its products at department and specialty stores primarily to middle income households; and dd's DISCOUNTS stores sell its products at department and discount stores for households with moderate income. Ross Stores, Inc. was incorporat... [Read more]
Financial Performance
In 2023, Ross Stores's revenue was $20.38 billion, an increase of 8.99% compared to the previous year's $18.70 billion. Earnings were $1.87 billion, an increase of 23.97%.
Financial StatementsAnalyst Forecast
According to 19 analysts, the average rating for ROST stock is "Buy." The 12-month stock price forecast is $154.95, which is an increase of 7.37% from the latest price.
News
ROSS STORES OPENS 18 NEW LOCATIONS
TARGETING APPROXIMATELY 90 OPENINGS IN 2024 DUBLIN, Calif. , March 11, 2024 /PRNewswire/ -- Ross Stores, Inc. opened 11 Ross Dress for Less® ("Ross") and seven dd's DISCOUNTS® stores in 11 different s...
Ross Stores says that housing and food costs continue to pressure its customers
Ross Stores Inc. late Tuesday blew past expectations for its holiday quarter but spooked investors by saying that higher costs of living continue to pressure its customers.
Ross Stores Reports Results for Fourth Quarter and Fiscal 2023
DUBLIN, Calif.--(BUSINESS WIRE)--Ross Stores, Inc. (NASDAQ: ROST) today reported earnings per share for the 14 weeks ended February 3, 2024 of $1.82, up from $1.31 per share for the 13 weeks ended Jan...
How Lido Advisors' Gina Sanchez would trade retail stocks
Gina Sanchez, Lido Advisors chief market strategist, joins 'The Exchange' to discuss how to trade Ross Stores, Target, Costco, and Nordstrom.
Ross Stores Announces Fourth Quarter and Fiscal 2023 Earnings Release and Conference Call
DUBLIN, Calif.--(BUSINESS WIRE)--Ross Stores, Inc. (NASDAQ: ROST) plans to release its fourth quarter and fiscal 2023 earnings results on Tuesday, March 5, 2024 at approximately 4:00 p.m. Eastern Time...
Ross Stores Appoints Karen Fleming President and Chief Merchandising Officer of dd's DISCOUNTS
DUBLIN, Calif.--(BUSINESS WIRE)--Ross Stores, Inc. (NASDAQ: ROST) announced today that Karen Fleming has been promoted to President and Chief Merchandising Officer, dd's DISCOUNTS effective April 1, 2...
Retail execs say clothing demand is getting better. But it's still kind of a mess.
After unwanted shirts and pants piled up in warehouses and stockrooms last year, clothing chains such as Gap Inc. and Urban Outfitters have said over the past two weeks they've had an easier time sell...
The consumer is going toward TJX, Ross Stores and Burlington, says Dana Telsey
Dana Telsey, CEO of the Telsey Advisory Group, joins 'The Exchange' to discuss the outlook for the holiday season, the top retail names to own, and more.
S&P 500 Gains and Losses Today: Ross Stores' Low Prices Brought in More Shoppers
For a second day in a row, the S&P 500 posted narrow gains, rising 0.1% and extending its winning streak to four sessions. Overall, U.S. equities were little changed on Friday, but major indexes were ...
3 Buys and a Bail: Walmart, Ross Stores, Costco & Home Depot
Victoria Greene, founder and CIO at G Squared Private Wealth, joins 'The Exchange' to share three buys and a bail, including Walmart, Ross Stores, Costco, and Home Depot.
Midday Movers: Ross Stores and Copart Jump, Applied Materials and Alphabet Drop
U.S. equities were lower and little changed at midday but heading for a winning week, boosted by reports on slowing inflation, which could keep the Fed from raising interest rates further.
Shares of Ross Stores Jump as 'Off-Price' Retailer Draws Inflation-Weary Shoppers
Ross Stores (ROST) reported better-than-expected results and raised its full-year outlook as high inflation drove consumers to the "off-price" retailer, sending shares up over 5% in early trading Frid...
Ross Stores CEO Says Off-Price Sector Remains Resilient
Positive customer response to value and convenience contributed to third-quarter results that outperformed expectations at Ross Stores. The off-price retailer released its third-quarter earnings Thur...
Ross sales, profit rise as retailer rides ‘resilience of the off-price sector'
Ross Stores Inc. shares rose more than 4% in the after-hours session Thursday after the discount retailer reported a better-than-expected quarter and tweaked its guidance for the year, saying people r...
Ross Stores Reports Third Quarter Earnings, Updates Fourth Quarter Guidance
DUBLIN, Calif.--(BUSINESS WIRE)--Ross Stores, Inc. (NASDAQ: ROST) today reported earnings per share for the 13 weeks ended October 28, 2023 of $1.33, up from $1.00 per share for the 13 weeks ended Oct...
Ross Stores Announces Quarterly Dividend
DUBLIN, Calif.--(BUSINESS WIRE)--Ross Stores, Inc. (NASDAQ: ROST) announced today that the Company's Board of Directors declared a regular quarterly cash dividend of $0.335 per common share, payable o...
Ross Stores Announces Third Quarter 2023 Earnings Release and Conference Call
DUBLIN, Calif.--(BUSINESS WIRE)--Ross Stores, Inc. (NASDAQ: ROST) plans to release its third quarter 2023 earnings results on Thursday, November 16, 2023 at approximately 4:00 p.m. Eastern Time. Parti...
Ross Stores Appoints Stephen Brinkley as President, Operations
DUBLIN, Calif.--(BUSINESS WIRE)--Ross Stores, Inc. (NASDAQ: ROST) announced today that Stephen Brinkley, 50, has been named to the newly-created position of President, Operations with an expected star...
Ross Stores says it opened 51 new locations across 22 states in September and October
Ross Stores Inc. ROST, +0.03% said Wednesday it opened 51 new locations across 22 states in September and October. The Dublin, Calif.
ROSS STORES OPENS 51 NEW LOCATIONS
COMPLETES 2023 STORE GROWTH PLANS DUBLIN, Calif. , Oct. 11, 2023 /PRNewswire/ -- Ross Stores recently opened 43 Ross Dress for Less® and eight dd's DISCOUNTS® stores across 22 different states in Sept...
Ross Stores Announces Changes to Its Board Leadership
DUBLIN, Calif.--(BUSINESS WIRE)--Ross Stores, Inc. (Nasdaq: ROST) announced today that its Board of Directors has approved the following changes to its Board leadership and composition effective Septe...
TD Cowen's John Kernan shares his top retail stock picks: TJX, ROST, LULU, DECK
John Kernan, TD Cowen research analyst, joins 'Squawk Box' to discuss the busy week of earnings for retail companies, his top retail stock picks, and more.
Three-Stock Lunch: Palo Alto Networks, Deere & Ross Stores
Gina Sanchez, Lido Advisors chief market strategist, joins ‘Power Lunch' to discuss three stocks: Palo Alto, Deere and Ross.
Bargain-Hunting Drives Quarterly Gain For Discount Retailer Ross Stores, Shares Jump
Ross Stores Inc. (ROST) reported better-than-expected sales and earnings for the second quarter and raised guidance for the remainder of the year, as price-conscious consumers increasingly look for de...