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With a market cap of $72.9 billion, Ross Stores, Inc. (ROST) is a major U.S. off-price retailer headquartered in Dublin, California, best known for its Ross Dress for Less and dd’s DISCOUNTS chains. The company offers apparel, accessories, footwear, and home fashions products.
ROST is expected to report its Q1 earnings soon. Ahead of the event, analysts expect ROST to report a profit of $1.65 per share, up 12.2% from a profit of $1.47 per share reported in the year-ago quarter. It has exceeded analysts' earnings estimates in each of the past four quarters, which is notable.