Ross Stores, Inc. (ROST) has been a popular topic among various investors and analysts. Multiple financial institutions like Earnest Partners LLC, Marshfield Associates, and The Manufacturers Life Insurance Company have increased their holdings in Ross Stores. This growing interest is sparked by predictions of the retail company beating estimates in their upcoming earnings report. Despite a recent slide in its stock amidst a rising market, Ross Stores remains undervalued according to some. On the other hand, Bellwether Advisors LLC and California State Teachers Retirement Systems were among those that trimmed their stakes. On a concerning note, ROST addressed slowing growth as preferences shift among lower-income consumers and warned of softer sales ahead in light of macroeconomic uncertainties. Capping off the mix of news, numerous locations are opening across different states, signaling Ross Stores' accelerated growth. However, annual sales and profit were forecast below estimates due to weaker demand.
Ross Stores ROST News Analytics from Wed, 06 Nov 2024 08:00:00 GMT to Sat, 03 May 2025 21:09:23 GMT -
Rating 7
- Innovation 0
- Information 8
- Rumor -6
