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Dublin, California-based Ross Stores, Inc. (ROST) is an operator of home fashion and off-price retail apparel stores. With a market cap of approximately $51 billion, Ross Stores offers apparel, accessories, footwear, and home fashion items through its outlets spread across various U.S. states.
The apparel retailer is gearing up to announce its third-quarter results in the upcoming month. Ahead of the event, Ross Stores is expected to report a profit of $1.38 per share, down 6.8% from $1.48 per share reported in the year-ago quarter. On a more positive note, the company has surpassed the Street’s bottom-line estimates in each of the past four quarters.
