|Bid||89.19 x 800|
|Ask||89.58 x 1400|
|Day's Range||89.46 - 91.46|
|52 Week Range||74.53 - 104.35|
|Beta (3Y Monthly)||0.80|
|PE Ratio (TTM)||21.02|
|Earnings Date||May 22, 2019 - May 28, 2019|
|Forward Dividend & Yield||1.02 (1.11%)|
|1y Target Est||99.60|
In the evolving retail ecosystem, Costco (COST) has been able to create a niche for itself on the back of growth strategies, better price management and strong membership trends.
Ross Stores (ROST) is favored for its off-price model, price management, merchandise initiatives, and cost containment and store expansion plans. But a soft outlook for fiscal 2019 keeps us on the sidelines.
Ross Stores Inc NASDAQ/NGS:ROSTView full report here! Summary * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is low for ROST with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding ROST are favorable, with net inflows of $15.18 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Services sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
According to thredUP's 7th annual resale report, the secondhand apparel business is booming and is expected to hit $51 billion by 2023.
Department store company Ross Stores Inc. plans to open approximately 100 new locations of its two off-price brands in fiscal year 2019, the company announced. The $14.1-billion Dublin, California-based company operates Ross Dress for Less and DD's Discounts stores.
Ross Stores (ROST) completes its store opening plans for first-quarter fiscal 2019, with 22 Ross and six dd's DISCOUNTS stores. It remains on track to reach its goal for fiscal 2019.
Examining how Ross Stores, Inc. (NASDAQ:ROST) is performing as a company requires looking at more than just a years' earnings. Below, I will run you through a simple sense checkRead More...
A surge of Ross stores opening in 2019 will have the company greatly expanding its physical retail presence in the U.S.Source: Nicholas Eckhart via Flickr (Modified) Ross (NASDAQ:ROST) says that it is planning to open a total of 100 new locations across the U.S. during the year. It notes that this already includes the opening of 22 Ross Dress for Less locations and six dd's Discounts stores. These stores were opened across 12 states in February and March.According to the company, the Ross stores opening plans include it launching 75 new Ross locations and 25 new dd's Discounts stores throughout its fiscal year for 2019. The company doesn't provide further details about its plans, such as what states it will focus on or more precise dates for openings.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Top Stocks to Buy From Goldman Sachs' Secret Portfolio Jim Fassio, President and Chief Development Officer for Ross, has this to say about the Ross stores opening plans for 2019."These recent openings reflect our ongoing plans to continue building our presence in both existing and newer markets, including the Midwest for Ross, and expansion of dd's DISCOUNTS into Oklahoma and Illinois. We now operate a total of 1,745 Ross Dress for Less and dd's DISCOUNTS locations across 38 states, the District of Columbia, and Guam. As we look out over the long-term, we remain confident that Ross can grow to 2,400 locations and dd's DISCOUNTS can become a chain of 600 stores given consumers' ongoing focus on value."ROST stock was up 1% as of Monday afternoon. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Growth Stocks Racing to All-Time Highs * 5 Warren Buffett Stocks You Can't Go Wrong With * Game On for These 3 Gaming Stocks As of this writing, William White did not hold a position in any of the aforementioned securities.Compare Brokers The post 100 New Ross Stores Opening in 2019 appeared first on InvestorPlace.
The new locations are part a company plan to add approximately 100 new stores, 75 Ross and 25 dd's Discounts locations during fiscal 2019. "These recent openings reflect our ongoing plans to continue building our presence in both existing and newer markets, including the Midwest for Ross, and expansion of dd's Discounts into Oklahoma and Illinois," said Jim Fassio, president and chief development officer, in a statement. "We now operate a total of 1,745 Ross Dress for Less and dd's Discounts locations across 38 states, the District of Columbia, and Guam.
Burlington Stores shares plunged 16% last week after sales fell short of expectations last quarter. However, the company still has strong long-term growth prospects.
Costco (COST) continues to be one of the dominant warehouse retailers based on the breadth and quality of merchandise offered.
Off-price retailer Ross Stores Inc. said Monday that it plans to add 100 new locations in 2019. The company currently operates 1,502 Ross Dress for Less locations in the U.S. and Guam, and 243 dd's Discounts across 18 states. The new additions would include 75 Ross stores and 25 dd's Discounts. "As we look out over the long-term, we remain confident that Ross can grow to 2,400 locations and dd's Discounts can become a chain of 600 stores given consumers' ongoing focus on value," said Ross Stores President Jim Fassio in a statement. Ross Stores stock has rallied 7% for the year to date, the SPDR S&P Retail ETF has gained 8.1%, and the S&P 500 index has gained 9.4% for 2019 so far.
Added 22 Ross Dress for Less and six dd's DISCOUNTS in First Quarter DUBLIN, Calif. , March 11, 2019 /PRNewswire/ -- Ross Stores recently opened 22 Ross Dress for Less ® ("Ross") and six dd's ...
All indications suggested Ross Stores (NASDAQ:ROST) was firing on all cylinders. Now, not so much. Though the company recently reported fourth-quarter earnings per share that were in-line with analysts' consensus estimate, a tepid 2019 profit outlook sent ROST stock lower on Wednesday.Source: Nicholas Eckhart via Flickr (Modified) The salt in the wound: Shares of Ross' peers and rivals, Kohl's (NYSE:KSS) and Target (NYSE:TGT), both markedly rose on Tuesday following solid quarterly prints and impressive guidance. * 5 Airline Stocks In Serious Trouble The lackluster outlook might -- might -- be an attempt by ROST to lowball expectations of a company that's in the habit of topping them. The Q4 results marked the first time in eleven quarters that Ross Stores' EPS didn't beat the consensus outlook. It was also only the second time in the past sixteen quarters that ROST's EPS didn't come in above the consensus outlook.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIf the tepid guidance is not just an effort to lower expectations, then ROST stock just became a very difficult retail name to own. Earnings RecapIt was seemingly going to be another great year for ROST stock. The company logged same-store sales growth of 3.0% during Q3 as well as in the first nine months of 2018. SSS growth ramped up to 4% in Q4. Furthermore, its Q4 numbers were up against same-store sales growth of 5.0% in the final quarter of 2017.Same-store sales growth didn't translate into earnings growth, though. Adjusted for a favorable outcome on a tax matter, profits per share of ROST stock rolled in at $1.13, falling a penny short of some estimates while matching others. Operating margins fell 1.35 percentage points to 13.2%, though that dip is at least partially attributable to higher freight and wage costs.Overall revenue of $4.1 billion was slightly better than Q4-2017's top line.The owners of ROST stock understandably viewed the glass as half-empty, however, in light of the company's guidance. ROST is only looking for same-store sales growth of between 1% and 2% this year, and though it plans to open approximately 100 new stores, the 99 it added last year didn't meaningfully boost its overall sales last quarter.CEO Barbara Rentler explained, "While we hope to do better, we continue to take a prudent approach to forecasting our business for 2019. Although we remain favorably positioned as an off-price retailer, we face our own difficult sales and earnings comparisons, a very competitive retail landscape, and an uncertain macro-economic and political environment." Drilling Down on ROST StockThe current overall retail environment is uncertain.While the initial retail spending report from the Census Bureau indicated that spending slowed in December, sales of clothing and accessories reportedly grew 4.7% in the final month of last year, playing right into Ross Stores' hand.And a lukewarm economy that keeps consumers in a "willing but cautious" spending mood against a backdrop of continued department store closures is the proverbial sweet spot for Ross Stores.The off-price retailer struggled to exploit the opportunity, though. Rentler specifically noted "weakness in our ladies apparel business during the holiday season." During the conference call, Rentler clarified that the weakness was primarily the result of the wrong balance of assortment in certain women's apparel galleries. Inventory levels, however, are not backed up headed into the spring season.One surprising bright spot was men's clothing. The Outlook of ROST StockWhile the off-price retail segment has been one of the industry's few bright spots , it's been suggested by multiple observers that saturation is becoming an issue for the sector, and that the best days of off-price retail may be in the rear-view mirror. A slowdown of closures of full-price department stores also poses a threat to ROST and its peers, as it's these liquidations that supply much of Ross Stores' inventory.The company's 2019 outlook tacitly underscored that concern.Rentler isn't worried about that possibility, though. She explained during the conference call "I don't think it's an off-price tougher to execute model, I don't think that's the issue. I think the issues were internal, self-inflicted. It's the assortment that we've built out for the customer, I don't think it has anything to do with the off-price model."Upcoming earnings reports from ROST's rival, Stein Mart (NASDAQ:SMRT), will add perspective to that discussion. Stein Mart is slated to post its fourth-quarter numbers in mid-March.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dividend Stocks Already Rewarding Shareholders In 2019 * The 10 Best-Performing ETFs This Year * 7 Stocks That Should Be Worried About a Data Dividend Compare Brokers The post Ross Stores' Guidance Raises Fundamental Questions appeared first on InvestorPlace.
Burlington Stores Stock Plummets on Unimpressive Q4 SalesQ4 top-line lagged behind expectations Burlington Stores (BURL) stock was down 12.7% as of 2:57 PM ET today in reaction to the company’s lower-than-expected top-line performance in Q4 of
The daily On-Balance-Volume (OBV) line shows a positive direction to September and then diverges in November when prices make new highs but the OBV line does not make new high. The OBV line turns down, moving average lines are broken and the Moving Average Convergence Divergence (MACD) oscillator breaks below the zero line for an outright sell signal. The OBV line is struggling and the MACD oscillator has been in a take profits mode since the end of January.
Retail stocks have had a nice start to 2019, as U.S. consumer sentiment and the economy has been fairly positive.