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Ross Stores, Inc. (ROST), headquartered in Dublin, California, operates off-price retail apparel and home fashion stores under the Ross Dress for Less and dd's DISCOUNTS brand names. Valued at $45.7 billion by market cap, ROST offers designer apparel, accessories, footwear, and home fashions at discount prices.
Shares of this leading off-price retailer have outperformed the broader market considerably over the past year. ROST has gained 21.7% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 17%. However, in 2024, ROST stock is down 1%, while the SPX is up 9.9% on a YTD basis.