|Bid||85.87 x 1000|
|Ask||85.95 x 900|
|Day's Range||81.23 - 86.01|
|52 Week Range||69.24 - 123.36|
|Beta (5Y Monthly)||1.00|
|PE Ratio (TTM)||20.31|
|Earnings Date||Nov 16, 2022 - Nov 21, 2022|
|Forward Dividend & Yield||1.24 (1.47%)|
|Ex-Dividend Date||Sep 02, 2022|
|1y Target Est||98.96|
Subscribe to Yahoo Finance Plus to view Fair Value for ROST
Ross Stores (ROST) closed the most recent trading day at $82.93, moving -1.79% from the previous trading session.
Let's go over Ross Stores' fundamentals and valuation to see if it is currently on the sale rack for dividend growth investors. Operating 1,669 Ross Dress for Less stores in 40 U.S. states, Washington D.C., and Guam as of the second quarter, Ross Stores is the largest off-price apparel and home fashion chain in the U.S. The company also operated 311 dd's DISCOUNTS in 21 U.S. states with in-season and name brand apparel. Ross Stores produced $4.6 billion in sales during the second quarter, which was down 4.6% year over year.
Usually, the winter season brings levity to people as the holidays approach, but the chilly economic nature this year brings up the uncomfortable topic of retail stocks to sell. Fundamentally, Federal Reserve Chair Jerome Powell indicated that his top priority is controlling inflation. What’s more, Powell made good on his statements, with the central bank raising the benchmark interest rate. Moving forward, it’s not so much about the rate hike itself (up 0.75%) that matters. Instead, it’s all ab