The Latest Breaking News from Ross Stores

Ross Stores shows improving price performance, earning an upgrade to its IBD Relative Strength Rating

Although Ross Stores has underperformed the broader Dow Jones Industrial Average over the past year, Wall Street analysts continue to hold a strongly bullish stance on the stock's future potential.

December S&P 500 E-Mini futures (ESZ24) are up +0.20%, and December Nasdaq 100 E-Mini futures (NQZ24) are up +0.09% this morning as investors looked ahead to a raft of U.S. economic data that could provide insights into the Federal Reserve’s decision-making on monetary policy.

December S&P 500 E-Mini futures (ESZ24) are up +0.04%, and December Nasdaq 100 E-Mini futures (NQZ24) are down -0.09% this morning as investors looked ahead to a raft of U.S. economic data that could provide insights into the Federal Reserve’s decision-making on monetary policy.

December S&P 500 E-Mini futures (ESZ24) are down -0.31%, and December Nasdaq 100 E-Mini futures (NQZ24) are down -0.43% this morning as a disappointing revenue forecast from Nvidia and concerns about escalating Russia-Ukraine tensions dampened sentiment.

Target earnings came in well below views, with the discounter slashing guidance, in sharp contrast to rival Walmart. Target stock dived.

Ross Stores has underperformed the broader market over the past year, and analysts are highly optimistic about the stock’s prospects.

The insider vs outsider CEO debate continues to rage on.

Ross Stores is all set to release its third-quarter earnings next month, and analysts expect a single-digit profit increase.