Franklin Resources Inc, and the California Public Employees Retirement System have sold off a significant number of Ross Stores, Inc. (ROST) stocks, as did Wellington Management Group and more. However, DnB Asset Management, Allstate Corp, and UniSuper Management amongst others have increased their holdings. Ross Stores has been consistently exceeding market returns, and analysts rate it consistently well, with a recent upgrade to Buy at Citigroup. There is chatter about ROST's 35% undervaluation and it has an impressive earnings per share beat in its full year 2025 earnings. The company ended fiscal 2024 on a strong note, with a record $6.32 earnings per share, but warns of softer sales in the future. Despite some mass selling of stock, Ross Stores continues to progress, recently opening 19 new locations across 14 states. It also increased dividends by 10 percent and showed considerable growth in Revenue. However, reports point towards slower growth and shifts in lower-income customer preferences, bringing in some uncertainty for the future.
Ross Stores ROST News Analytics from Tue, 24 Sep 2024 07:00:00 GMT to Sat, 05 Apr 2025 21:01:47 GMT -
Rating 7
- Innovation 2
- Information 8
- Rumor -5
