Ross Stores Surges to 328th in Trading Volume with $394 Million Turnover

On May 12, 2025, Ross Stores (ROST) saw a significant increase in trading volume, with a turnover of $394 million, marking a 60.25% rise from the previous day. This surge placed Ross Stores at the 328th position in terms of trading volume for the day, reflecting heightened investor interest. The stock price of Ross Stores rose by 4.91%.

Barclays analyst Adrienne Yih has increased the price target for Ross Stores from $150 to $157, maintaining an Overweight rating. This adjustment comes amid a stable promotional landscape compared to last year, although potential risks such as rising inventory levels, demand uncertainties, and pricing pressures are anticipated in the latter half of the year.

Ross Stores reported strong financial results for the fourth quarter and fiscal year 2024. The company achieved a 3% increase in comparable store sales for both the quarter and the year, driven by improved assortments and strong holiday season performance. Fourth-quarter revenue reached $5.9 billion, with earnings per share at $1.79 and net income at $587 million. For the fiscal year, revenue totaled $21.1 billion, with earnings per share at $6.32 and net income at $2.1 billion.

Despite the positive financial performance, Ross Stores faces several challenges. Earnings per share for the fourth quarter slightly decreased year-over-year, and sales trends softened in early 2025 due to unseasonable weather and macroeconomic volatility. The company's operating margin for the fourth quarter remained flat, and it expects comparable store sales for the first quarter of 2025 to be down 3% to flat. Additionally, Ross Stores is preparing for potential headwinds from domestic freight costs and macroeconomic uncertainties impacting consumer confidence.