Ross Stores, Inc. (ROST) PT Raised to $190 at Loop Capital

Ross Stores, Inc. (ROST) PT Raised to $185 at TD Cowen

TD Cowen analyst John Kernan raised the price target on Ross Stores, Inc. (NASDAQ: ROST) to $185.00 (from $173.00) while maintaining a Buy rating.

The analyst commented, "Continued flow through from merchandising enhancements creates 2H upside to guidance, and we remain well above consensus... More

Ross Stores, Inc. (ROST) PT Raised to $168 at BMO Capital

BMO Capital analyst Simeon Siegel raised the price target on Ross Stores, Inc. (NASDAQ: ROST) to $168.00 (from $165.00) while maintaining a Outperform rating.

The analyst commented, "ROST reported a top- and bottom-line beat, on better GM/SGA with both improving YoY (second straight... More

Ross Stores, Inc. (ROST) PT Raised to $167 at UBS

UBS analyst Jay Sole raised the price target on Ross Stores, Inc. (NASDAQ: ROST) to $167.00 (from $147.00) while maintaining a Neutral rating.

The analyst comments "ROSTs 2Q report suggests its underlying fundamentals remain solid even as its core low-to-middle income customers experience... More

Ross Stores, Inc. (ROST) PT Raised to $180 at Baird

Baird analyst Mark Altschwager raised the price target on Ross Stores, Inc. (NASDAQ: ROST) to $180.00 (from $162.00) while maintaining a Outperform rating.

The analyst comments "Maintain Outperform rating. ROST delivered comps/EPS +1%/+6% ahead of consensus, with acceleration vs. FQ1 (against a tougher compare) and... More

Ross Stores, Inc. (ROST) PT Raised to $175 at Gordon Haskett

Gordon Haskett analyst Chuck Grom raised the price target on Ross Stores, Inc. (NASDAQ: ROST) to $175.00 (from $160.00) while maintaining a Buy (1) rating.... More

Ross Stores, Inc. (ROST) PT Raised to $175 at Telsey

Telsey analyst Dana Telsey raised the price target on Ross Stores, Inc. (NASDAQ: ROST) to $175.00 (from $160.00) while maintaining a Market Perform rating.... More

Ross Stores, Inc. (ROST) PT Raised to $185 at Goldman Sachs

Goldman Sachs analyst Brooke Roach raised the price target on Ross Stores, Inc. (NASDAQ: ROST) to $185.00 (from $167.00) while maintaining a Buy rating.

The analyst comments "ROST reported a strong F2Q beat, led by sequentially stronger momentum at both the Ross and dd's banners. Management highlighted the company's stronger value offering continues to... More

Ross Stores, Inc. (ROST) PT Raised to $175 at Deutsche Bank

Deutsche Bank analyst Paul Trussell raised the price target on Ross Stores, Inc. (NASDAQ: ROST) to $175.00 (from $165.00) while maintaining a Buy rating.

The analyst comments "The string of strong off-price results continued tonight with ROST posting robust top-line growth, upside to profitability,... More

Ross Stores, Inc. (ROST) PT Raised to $175 at Wells Fargo

Wells Fargo analyst Ike Boruchow raised the price target on Ross Stores, Inc. (NASDAQ: ROST) to $175.00 (from $160.00) while maintaining a Overweight rating.

The analyst comments "More on Shift to Branded Merch. At a high-level, ROST has prioritized increasing the mix of higher quality... More

Ross Stores, Inc. (ROST) PT Raised to $180 at BofA Securities

BofA Securities analyst Lorraine Hutchinson raised the price target on Ross Stores, Inc. (NASDAQ: ROST) to $180.00 (from $170.00) while maintaining a Buy rating.

The analyst comments "We reiterate our Buy rating as ROSTs improved value proposition resonates with stretched consumers. ROST... More

Ross Stores, Inc. (ROST) PT Raised to $161 at Jefferies

Jefferies analyst Corey Tarlowe raised the price target on Ross Stores, Inc. (NASDAQ: ROST) to $161.00 (from $147.00) while maintaining a Hold rating.

The analyst comments "2Q results reflected another beat-and-raise Q for ROST, as healthy sales growth and lower distribution/incentive costs helped... More

Ross Stores, Inc. (ROST) PT Raised to $175 at Evercore ISI

Evercore ISI analyst Michael Binetti raised the price target on Ross Stores, Inc. (NASDAQ: ROST) to $175.00 (from $165.00) while maintaining a Outperform rating.

The analyst comments "Positive 2Q Update: Despite ROSTs ongoing caution related to pressure on its modest-income consumer, were impressed that ROST accelerated SSS +4%... More

Jackson Hole, US futures, Harris's nomination - what's moving markets

Investing.com -- Wall Street is seen trading in tight ranges Thursday ahead of more labor macro data, a speech by Vice President Kamala Harris and, perhaps more importantly, the start of the Jackson Hole symposium on Friday. 

All eyes are focused on Wyoming's Grand Teton National Park on Friday, with Fed Chair Jerome Powell set to deliver a speech at the annual Jackson Hole symposium that will likely shape the markets view of upcoming monetary policy and the... More

Ross Stores, Inc. (ROST) PT Raised to $175 at Barclays

Barclays analyst Adrienne Yih raised the price target on Ross Stores, Inc. (NASDAQ: ROST) to $175.00 (from $165.00) while maintaining a Overweight rating.... More

After-hours movers: Uber, Workday, Ross Stores, CAVA Group

After-Hours Stock Movers:

Uber (NYSE: UBER) fell 3% and General Motors (NYSE: GM) rose 1.8% after Uber and Cruise announced a multiyear strategic partnership to bring Cruise autonomous vehicles to the... More

Ross Stores lifts profit view on firm demand for discounted apparel

By Savyata Mishra

(Reuters) - Ross Stores raised its fiscal 2024 profit forecast and posted second-quarter results above Wall Street estimates on Thursday, benefiting from demand for its discounted apparel and easing freight costs.

Its shares rose nearly 6% in extended trading as the company's strategy to cut prices on branded clothing and footwear helped boost stores visits and customer spending per transaction.

"It is reaping the rewards of the improvements to... More

Ross Stores (ROST) Tops Q2 EPS by 9c, Offers Guidance

Ross Stores (NASDAQ: ROST) reported Q2 EPS of $1.59, $0.09 better than the analyst estimate of $1.50. Revenue for the quarter came in at $5.3 billion versus the consensus estimate of $5.24 billion.

GUIDANCE:

Ross Stores sees FY2025 EPS of $6.00-$6.13, versus the consensus of... More

Ross Stores (ROST) August 30 weekly 172.50 calls active into quarter results

Ross Stores (NASDAQ: ROST) August 23 weekly call option implied volatility is at 123, September is at 31; compared to its 52-week range of 15 to 39 into the expected release of quarter results today after the bell. Call put ratio 2.3 calls to 1 put with focus on August 30 weekly 172.50 calls.

Fed minutes, Jackson Hole and Harris speech - what's moving markets

Investing.com -- Wall Street is seen trading in tight ranges Thursday ahead of more labor macro data, a speech by Vice President Kamala Harris and, perhaps more importantly, the start of the Jackson Hole symposium on Friday.

Central bankers are starting to gather in Jackson Hole, Wyoming, ahead of the start of the annual symposium.

Fed Chair Jerome Powells speech, on Friday, will be the highlight as investors look for clues over the central banks intentions next month regarding monetary... More

Ross Stores (ROST) August 23 weekly 152 straddle priced into quarter results

Ross Stores (NASDAQ: ROST) August 23 weekly 152 straddle priced for a move of 6.5% into the expected release of quarter results today after the bell.

Ross Stores (ROST) Declares $0.3675 Quarterly Dividend; 1% Yield

Ross Stores (NASDAQ: ROST) declared a quarterly dividend of $0.3675 per share, or $1.47 annualized.

The dividend will be payable on September 30, 2024, to stockholders of record on September 10, 2024, with an ex-dividend date of September 9, 2024.

The annual yield on the dividend is 1... More