Ross Stores Business Model & Store Expansion Aid: Apt to Retain Stock?
ROSTRoss Stores(ROST) ZACKS·2024-09-20 00:11

Ross Stores, Inc. (ROST) is well-poised for growth, thanks to its robust strategic efforts. Solid customer response for its merchandise across the banners has been boosting its comparable-store sales (comps) performance for a while. Its store-expansion plans and off-price model also bode well. Currently trading at $150.73, the stock is hovering around its 52-week high of $163.60, reached on Aug. 23, 2024. However, it is trading at a 39.1% premium to its 52-week low mark.Let’s find out more.Off-Price Model & ...