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Nabaparna Bhattacharya

DARK SECRETS: Ross benefits from value shoppers but tariff challenges continue | Vintage Vibes

Ross Ross Stores ROST Dana Telsey Nasdaq Retail Lorraine Hutchinson

Houston,,Texas,Usa,07-04-2023:,Ross,Dress,For,Less,Retail,Chain

Ross Stores, Inc. (NASDAQ:ROST) shares traded little changed on Friday after the off-price retailer delivered second-quarter earnings of $1.56 per share, surpassing analyst estimates of $1.53. Results were tempered by an approximate 11-cent per share negative impact from tariff-related costs.

Bank of America Securities reiterated a Buy rating with a $175 forecast.

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