Ross Stores (ROST) Trends Up on Favorable Demand: What's Ahead?
ROSTRoss Stores(ROST) Zacks Investment Research·2024-01-04 22:02

Ross Stores, Inc. (ROST) has been gaining from positive consumer responses to its merchandise despite the competitive environment and digital growth. The company has been witnessing positive trends at its dd’s DISCOUNTS chain driven by better merchandise and moderating inflation. The off-price model offers a strong value proposition and micro merchandising that drive better product allocation and margins. Also, it stands to gain from lower supply-chain costs from the prior year as ocean and domestic freight ...