ROST News and Press, Ross Stores Inc. From 12/21/23

2023-12-21 22:55:00 ET Summary As 2023 comes to an end, the U.S. consumer has remained resilient in the face of macroeconomic challenges. The bulk of retailers have a lower inventory turnover ratio than their industry means. Consumers often splurged on discretionary items only...

2023-12-21 07:05:00 ET It seems like U.S. consumers are increasingly worried about the economy. That's not a statement that comes from a statistical analysis, but from a view of what's going on at stores that cater to cost-conscious customers. Basically, it's a read from what consumers are ...

2023-12-19 06:32:47 ET Summary I recommended a hold as I believe the market has already priced-in growth potential over the next 3 years. ROST has shown strong growth momentum and has room for further expansion in the Midwest and Northeast regions. Gross margins are expected t...

2023-12-18 12:22:24 ET More on iShares Russell 1000 Growth ETF: IWF ETF: Be Cautious Of High Valuations Top overweight stocks with high free cash flow and EPS growth - MS Top stocks with earning stability and quality + overweight - MS Seeking Alpha’s Q...

Shares of Ross Stores, Inc. (NASDAQ: ROST) traded at a new 52-week high today and are currently trading at $114.67. So far today, approximately 2.22M shares have been exchanged, as compared to an average 30-day volume of 2.06M shares. Ross Stores, Inc., together with its subsidiaries, operate...

2023-12-10 12:00:42 ET More on Apple, Amazon, etc. Investors, Take Advantage Of Walmart's Recent Pullback Apple: Brings Balance To A Dividend Focused Portfolio Apple's Success In A Key Area Is Having A Ripple Effect On The Industry Elon Musk's X holds talks w...

2023-12-01 05:58:00 ET Ross Stores (NASDAQ: ROST) had a really strong third quarter in 2023. The headline-grabbing number was 5% same-store sales growth. That was very good, but there are some nuances here. And while current shareholders should be pleased by the company's success, i...

2023-11-25 14:00:00 ET Despite higher prices caused by inflation, consumers on Black Friday and Cyber Monday are expected to spend a record amount. Consumers didn't even wait until Black Friday to open up their wallets. On Friday, Adobe Analytics said that consumers spent ~$5.6B on ...

2023-11-24 23:35:00 ET Summary Spending for the entire holiday season is only set to rise 1.4% over last year’s sales levels. The LSEG U.S. Retail and Restaurant index is only expected to show a 1.4% revenue growth over last year’s Q4 levels. The estimated earnin...

2023-11-20 15:42:30 ET More on SPDR S&P Retail ETF Wall Street Breakfast Catalyst Watch: Walmart, Target's Mixed Signals XRT: Retail Is Still Not Where I Want To Be Winners and losers from the October Retail Sales report Retail relief rally picks up after...