Ross Stores Inc
ROST: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| #<& | LOCK|<y< | LOCK|>rTB@T^ |
Ross Earnings: Management Offers Tepid Near-Term Outlook Despite Strong Close to 2024
We don’t plan to alter our $127 per share fair value estimate on wide-moat Ross materially after the firm delivered strong fourth-quarter results but issued cautious guidance for fiscal 2025. While we expect to temper our near-term sales and profit forecasts (offsetting the fair value benefit associated with the time value of money), our long-term outlook is intact.
