Ross Stores Surges to 20th in Daily Rankings with $24.79 Billion Turnover Despite Stock Decline

On May 23, 2025, Ross Stores (ROST) saw a significant increase in trading volume, with a turnover of $24.79 billion, marking a 312.53% rise from the previous day. This surge placed Ross Stores at the 20th position in the daily stock market rankings. However, the stock price experienced a decline of 9.85%, marking the fourth consecutive day of losses, with a total decrease of 11.02% over the past four days.

Ross Stores reported its first-quarter earnings for 2025, revealing sales of $5.0 billion. Comparable store sales remained flat compared to the same period last year. The company's earnings per share (EPS) for the quarter were $1.47, surpassing analyst expectations of $1.44 per share. This performance indicates a slight improvement in earnings compared to the previous year's EPS of $1.46.

Despite the positive earnings report, the stock's decline can be attributed to the withdrawal of guidance by the company. This move has raised concerns among investors about the company's future outlook and its ability to maintain its current performance levels. The lack of forward guidance has led to uncertainty, contributing to the recent sell-off in the stock.

Additionally, the flat same-store sales growth, while better than expected, suggests that the company may be facing challenges in driving customer traffic and increasing sales. This stagnation in sales growth could be a concern for investors, as it indicates potential difficulties in expanding the company's market share and revenue streams.