The Latest Breaking News from ROST

This discount retail stock has grown revenue during past recessions, and it's currently trading at attractive valuations. Here's your chance to buy ROST on sale.

Although Ross Stores could be an interesting play on the consumer economy, investors need to acknowledge the real story underlining ROST stock.

September S&P 500 futures (ESU23) are up +0.22%, and September Nasdaq 100 E-Mini futures (NQU23) are up +0.19% this morning as market participants digested the minutes of the Federal Reserve’s latest meeting while watching for fresh indications of weakness in China.

With easing inflation and robust consumer spending, the luxury industry is expected to perform significantly well. Moreover, China’s reopening and growing technology integration should boost the industry’s growth. Hence, top luxury stocks Ross Stores (ROST), Coty (COTY), and Ralph Lauren (RL) could be ideal additions to your portfolio. Continue reading….

The resilience of the retail industry and holiday shopping could bode well for the apparel sector. Given this backdrop, apparel retail stocks TJX Companies (TJX), Ross Stores (ROST), and Oxford Industries (OXM), exhibiting significant growth potential, could represent the next big thing in retail. Hence, these stocks might be solid…

June S&P 500 futures (ESM23) are up +0.16%, and June Nasdaq 100 E-Mini futures (NQM23) are up +0.21% this morning after three major U.S. benchmark indices rallied on Wednesday as hopes of a deal to raise the U.S. debt limit and a jump in regional bank stocks boosted risk appetite.

June S&P 500 futures (ESM23) are up +0.08%, and June Nasdaq 100 E-Mini futures (NQM23) are up +0.15% this morning after three major U.S. benchmark indices rallied on Wednesday as hopes of a deal to raise the U.S. debt limit and a jump in regional bank stocks boosted risk appetite.

Ross Stores (NASDAQ:ROST) has outperformed the market over the past 20 years by 3.59% on an annualized basis producing an average annual return of 10.95%. Currently, Ross Stores has a market capitalization of $25.93 billion.

Ross Stores (NASDAQ:ROST) has outperformed the market over the past 15 years by 4.72% on an annualized basis producing an average annual return of 10.86%. Currently, Ross Stores has a market capitalization of $25.71 billion.

Ross Stores (NASDAQ:ROST) has outperformed the market over the past 20 years by 3.63% on an annualized basis producing an average annual return of 10.9%. Currently, Ross Stores has a market capitalization of $29.32 billion.

Shares of Ross Stores, Inc. (NASDAQ: ROST) dropped 23.9% on Friday after the company became the latest retail stock to disappoint the market with its first-quarter numbers.