This article originally appeared on Journal Star: Ross opens 36 new stores across US. One is in Illinois Ross Stores opened 36 new Ross Dress for Less and four dd's DISCOUNTS stores over the last ...
In the latest close session, Ross Stores (ROST) was up +1.4% at $151.55. This move outpaced the S&P 500's daily gain of 0.59%. Elsewhere, the Dow gained 0.65%, while the tech-heavy Nasdaq added 0.44%.
Initiating Ross Stores with a 'Buy' rating and $160 fair value, despite flat Q1 SSS and weak near-term guidance. Tariffs and weak consumer confidence are near-term headwinds, but Ross’s off-price ...
With a fast-turning inventory of high-value branded merchandise, Ross' store experience and value proposition should continue to resonate as the pandemic ebbs. Ross weathered a number of challenges in ...