Ross Stores' (ROST) Store & Other Efforts Aid: Apt to Buy?
ROSTRoss Stores(ROST) ZACKS·2024-07-18 21:25

Ross Stores, Inc. (ROST) seems well-poised for growth, thanks to its robust strategic efforts. The company has been gaining from positive customer response for its merchandise across both banners, which has been boosting the comparable-store sales (comps) performance for a while now. Its store expansion plans also bode well. In first-quarter fiscal 2024, comps improved 3%, mostly attributed to higher customer traffic and a favorable reaction from shoppers toward the enhanced assortments across its stores. T ...