Ross Stores Inc
ROST: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| cTr | LOCK|xN | LOCK|qs?wMN |
Ross Stores Earnings: Shares Modestly Overvalued, but Wares Still Cater Well to Cautious Consumers
Ross posted 2% comp growth in its second quarter, backing a 5% sales rise. Operating margin and earnings per share of 11.5% and $1.56, respectively, beat the guidance midpoint. Ross reinstated guidance, including 2%-3% comp growth in the back half, resulting in full-year EPS of $6.08-$6.21.
