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In the latest trading session, Ross Stores (ROST) closed at $149.29, marking a +1.3% move from the previous day.
Ross Stores' (ROST) robust consumer demand and effective merchandise offerings lead to an increase in comparable store sales in first-quarter fiscal 2024 despite macroeconomic headwinds.
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Ross Stores NASDAQ: ROST isn't a cheap stock trading 24 times its earnings, but it is a value for investors. Competitor TJX Companies NYSE: TJX trades at a similar valuation, about four handles greater than the average S&P 500 NYSEARCA: SPY stocks, for a reason.
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Ross Stores (ROST) reports solid first-quarter fiscal 2024 results on gains from customers' favorable response to quality and other strategies.
Shares of Ross Stores (ROST) surged over 8% in early trading Friday as the off-price apparel and home goods retailer posted better-than-anticipated results and raised its guidance as it cut costs.
The shares of Ross Stores Inc (NASDAQ:ROST) are up 8.4% at $142.88 at last glance, after the retailer announced upbeat first-quarter results and raised its profit outlook.
Off-price retailers TJX Cos. and Ross Stores have piles of deals for bargain hunters.