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Ross Stores released its Q3 results last month, reporting 19% revenue growth on a two-year basis, driven by mid-double-digit comp sales growth. These were solid results given the impact of the Delta Variant, with a higher average basket making up for reduced traffic. However, whil...
Cowen lowers its rating on Ross Stores (NASDAQ:ROST) to Market Perform from Outperform on concerns that margin estimates are too high. Analyst John Kernan: "We remain constructive on long-term market share opportunity, but consensus estimates underestimate product cost inflation, supply chain...
Wall Street's volatile week continued on Thursday, with stocks bouncing back after their recent losses. The rebound included a strong performance from a collection of retail names, as investors found hope in a handful of earnings reports that higher costs wouldn't necessarily obliterate margi...
A wave of solid earnings reports from Duluth Holdings (DLTH +17.7%), Five Below (FIVE +4.4%) and Express (EXPR +14.2%) is giving a lift to select apparel retail, specialty retail and discounter stock. The general vibe is that margin rates are holding up a little bit than anticipated due to le...
Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This report optimizes tradi...
TJX is a best-of-breed retailer that has flourished while Amazon has destroyed much of its competition. Not until the pandemic did its stock become a well-valued buy. After recovering, its price has stagnated this past quarter. So we examine some vital financials to see to what extent...
Last week, Ross Stores (NASDAQ: ROST) posted another strong quarterly earnings report. The retail giant easily beat its own guidance and analysts' estimates for the third quarter of fiscal 2021. Nevertheless, investors dumped Ross Stores stock following the earnings report, like...
COVID headlines maintained their ability to move stocks in Friday's midday action. Expanded approval for COVID vaccine boosters gave a lift to shares of Moderna (NASDAQ:MRNA) and BioNTech (NASDAQ:BNTX). Analyst comments represented a notable catalyst during intraday trading as well. Plug Powe...
Ross Stores, Inc. (ROST) Q3 2021 Earnings Conference Call November 19, 2021, 4:15 PM ET Company Participants Barbara Rentler – Chief Executive Officer Connie Kao – Group Vice President, Investor Relations Michael Hartshorn – Group President, Chief Operating Officer Adam O...
Image source: The Motley Fool. Ross Stores, inc (NASDAQ: ROST) Q3 2021 Earnings Call Nov 18, 2021 , 4:15 p.m. ET Operator Continue reading For further details see: Ross Stores, inc (ROST) Q3 2021 Earnings Call Transcript
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ROSS STORES OPENS 24 NEW LOCATIONS PR Newswire DUBLIN, Calif. , July 22, 2024 /PRNewswire/ -- Ross Stores recently opened 21 Ross Dress for Less ® ("Ross") and three dd's DISCOUNTS ® stores across 17 different states in June and July. These...
2024-07-09 05:12:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...