Ross Stores, Inc. Website

Ross Stores, Inc.

NasdaqGS-ROST

Company Overview

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. 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. As of July 5, 2022, it operated approximately 1,950 stores under the Ross Dress for Less and dd's DISCOUNTS name in 40 states, the District of Columbia, and Guam. Ross Stores, Inc. was incorporated in 1957 and is headquartered in Dublin, California.

  • Name

    Ross Stores, Inc.

  • CEO

    James G. Conroy

  • Website

    www.rossstores.com

  • Sector

    Specialty Retail

  • Year Founded

    1957

Company Statistics

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Bulls Say

  • Ross is a reliable store to find bargain merchandise and will therefore benefit if consumers grow increasingly value-conscious due to economic uncertainty.

  • Ross' business model is well insulated from digital competition as branded merchandisers seek to limit excess inventory going to online channels, protecting the firm's competitive position.

  • Margins should improve as wage growth pressures continue to normalize.

Bears Say

  • Product availability will be limited in future years if merchandisers reduce their off-price retail exposure, weighing on the attractiveness of Ross' product assortment.

  • Ross’ growth runway is limited as its over 2,200 stores have saturated the off-price market.

  • Full-price retailers such as Macy's have gradually made inroads into the off-price industry, potentially subjecting Ross to market share losses.

Source: Morningstar Analysis - Dec 01, 2025

What's happening

Nov 13, 2025 - Dec 13, 2025

Ross Stores Inc. Sees Significant Stock Surge Amid Strong Earnings and Leadership Changes

  • Ross Stores Inc. reported impressive third-quarter earnings, exceeding revenue expectations with a year-on-year growth rate of 10.4%.
  • The company announced key leadership transitions aimed at ensuring continuity and fresh perspectives in management.
  • Guggenheim initiated coverage on ROST with a "Buy" rating, contributing to positive investor sentiment.

Over the past month, Ross Stores Inc. (ROST) experienced an increase of 11.8% in its stock price, significantly outperforming the S&P 500, which saw a slight decline of 0.2%. This strong performance can be attributed to several key events that positively influenced investor sentiment surrounding ROST.

The momentum began with the company's impressive third-quarter earnings report released on November 21. ROST reported revenues of $5.60 billion, surpassing analyst expectations and showcasing solid year-on-year growth of 10.4%. The earnings per share (EPS) stood at $1.58, exceeding estimates and reflecting robust profitability amid challenging retail conditions; shares surged by over 7% following this announcement due to strong market confidence driven by effective expense management.

In addition to positive earnings results, significant leadership changes were announced that further bolstered investor confidence in ROST's future direction. Michael Balmuth's planned transition from Executive Chairman to Senior Advisor was highlighted as part of a strategic move aimed at ensuring continuity while introducing new perspectives into leadership with K. Gunnar Bjorklund stepping up as Chairman early next year.

Investor enthusiasm continued when Guggenheim initiated coverage on Ross Stores with a "Buy" rating and set a price target at $199 just days before December 10th; this endorsement likely contributed additional upward pressure on the stock price during this period as discussions around consumer spending trends indicated increased demand for value-focused retailers amidst economic uncertainties.

Despite some bearish sentiments reflected through minor declines linked to social media discussions about mixed retail performance post-earnings announcements or macroeconomic challenges affecting broader sectors like general merchandise retailing, these factors did not overshadow the overall bullish trend for ROST throughout November and early December.

Overall, Ross Stores Inc outperformed both the Consumer Discretionary sector by an impressive margin of 61.1% during this time frame while also standing out against broader market indices such as the S&P 500; specifically, it achieved an overperformance relative to the S&P by approximately 12%.

NasdaqGS:ROST