Ross Stores operates 1,764 off-price retail apparel and home accessory locations in 43 states, employing 108,000 people. The company also runs 345 dd’s DISCOUNTS stores, offering significant savings on brand-name products.
ROST has been in the news recently: Bernstein and Bank of America have recommended shares of TJX Cos. with a 12-month target of $175, despite challenges in guidance following their earnings report. Meanwhile, Target Corp.'s stock fell after it was rated as Underperform by Bank of America, indicating a longer and more costly turnaround than anticipated.
📡️ Consumer Discretionary
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