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Ross Stores Inc. ($ROST) Stock Forecast: Down 10.6% Today

Morpher AI identified a bearish signal. The stock price may continue to fall based on the momentum of the negative news.

What is Ross Stores Inc.?

Ross Stores (ROST) is a well-known American off-price retailer that offers discounted clothing, footwear, and home fashion products. The company operates over 1,500 stores across the United States.

Why is Ross Stores Inc. going down?

ROST stock is down 10.6% on May 23, 2025 19:06

  • Ross Stores reported solid Q1 earnings, surpassing expectations with flat Q1 SSS growth and EPS of $1.47. However, the company's decision to withdraw its FY guidance and project earnings below consensus led to a bearish movement in the stock.
  • Analysts reduced their forecasts on Ross Stores after the Q1 results, mentioning concerns about the second-quarter EPS guidance being lower than estimates.
  • The general market sentiment was bearish, with the Nasdaq Composite decreasing over 1% and the S&P 500 dropping 0.87%, exerting downward pressure on Ross Stores shares.
  • Despite demonstrating strong Q1 results and sales improvement, the withdrawal of fiscal 2026 outlook and reduced guidance for the upcoming quarter impacted investor confidence, resulting in a significant decline in the stock price.

ROST Price Chart

ROST Technical Analysis

ROST News

Ross Stores: Solid Q1 Beat, Guidance Withdrawn On Macro Uncertainty - Analysts Cut Price Target

Ross Stores reports flat Q1 SSS growth and EPS of $1.47, beating Street expectations. The company withdraws its FY guidance and projected earnings below the consensus. Get stock picks, daily rankings, and pro-level trading tools in one powerful platform-now 60% off for Memorial Day.

https://www.benzinga.com/25/05/45593622/ross-stores-solid-q1-beat-guidance-withdrawn-on-macro-uncertainty-analysts-cut-price-target

0 News Article Image Ross Stores: Solid Q1 Beat, Guidance Withdrawn On Macro Uncertainty - Analysts Cut Price Target

These Analysts Slash Their Forecasts On Ross Stores Following Q1 Results - Ross Stores ( NASDAQ:ROST )

Ross Stores, Inc. ROST posted better-than-expected quarterly results, but issued second-quarter EPS guidance below estimates. Ross Stores reported quarterly earnings of $1.47 per share, which beat the Street estimate of $1.44. Quarterly revenue came in at $4.99 billion, which beat the $4.97 ...

https://www.benzinga.com/25/05/45591109/these-analysts-slash-their-forecasts-on-ross-stores-following-q1-results

1 News Article Image These Analysts Slash Their Forecasts On Ross Stores Following Q1 Results - Ross Stores  ( NASDAQ:ROST )

Gold Gains Over 1%; Ross Stores Shares Dip After Pulling Fiscal 2026 Outlook - Bicara Therapeutics ( NASDAQ:BCAX ) , BloomZ ( NASDAQ:BLMZ )

U.S. stocks traded lower midway through trading, with the Nasdaq Composite falling more than 1% on Friday. The Dow traded down 0.70% to 41,566.04 while the NASDAQ fell 1.12% to 18,713.37. The S&P 500 also fell, dropping, 0.87% to 5,791.25. Utilities shares fell by just 0.2% on Friday.

https://www.benzinga.com/25/05/45590228/gold-gains-over-1-ross-stores-shares-dip-after-pulling-fiscal-2026-outlook

2 News Article Image Gold Gains Over 1%; Ross Stores Shares Dip After Pulling Fiscal 2026 Outlook - Bicara Therapeutics  ( NASDAQ:BCAX ) , BloomZ  ( NASDAQ:BLMZ )

Ross Stores Q1 Earnings Beat Estimates, Sales Improve Y/Y

ROST posts strong Q1 results, exceeding estimates as sales pick up pace and cosmetics lead category gains.

https://www.zacks.com/stock/news/2476672/ross-stores-q1-earnings-beat-estimates-sales-improve-yy

3 Missing News Article Image Ross Stores Q1 Earnings Beat Estimates, Sales Improve Y/Y

Ross Stores, Deckers Outdoor, Xerox Holdings And Other Big Stocks Moving Lower In Friday's Pre-Market Session - Deckers Outdoor ( NYSE:DECK ) , Bicara Therapeutics ( NASDAQ:BCAX )

U.S. stock futures were slightly lower this morning, with the Dow futures falling around 0.1% on Friday. Shares of Ross Stores, Inc. ROST fell sharply in today's pre-market trading after the company issued second-quarter EPS guidance below estimates.

https://www.benzinga.com/trading-ideas/movers/25/05/45585556/ross-stores-deckers-outdoor-xerox-holdings-and-other-big-stocks-moving-lower-in-fridays-pre-

4 News Article Image Ross Stores, Deckers Outdoor, Xerox Holdings And Other Big Stocks Moving Lower In Friday's Pre-Market Session - Deckers Outdoor  ( NYSE:DECK ) , Bicara Therapeutics  ( NASDAQ:BCAX )

Ross Stores Inc. Price History

23.07.2024 - ROST Stock was up 0.1%

  • Strong Q2 earnings were reported by Ross Stores, with earnings per share reaching $1.59 and net income totaling $527 million, surpassing expectations.
  • Anticipated continuation of positive trends as the company projects 2-3% growth in comparable sales for the third and fourth quarters.
  • Analysts revised the price target for ROST upwards from $170 to $190, reflecting optimistic sentiment and confidence in the company's performance.
  • Following the earnings report and future outlook, the market responded favorably, leading to a significant bullish surge in ROST stock.

05.02.2025 - ROST Stock was up 1.4%

  • The stock of Ross Stores (ROST) showed a strong upward trend today.
  • This surge in stock price was propelled by the company's exceeding of Q4 earnings projections and a year-over-year increase in sales, reflecting the popularity of its holiday product line.
  • Despite some concerns regarding future growth and a modest outlook for same-store sales, market sentiment remains favorable towards Ross Stores, as highlighted by the stock's positive performance.
  • The unexpected earnings boost and the company's ability to navigate tough market conditions suggest that Ross Stores' strategic efforts are resonating well with both consumers and investors.

10.03.2025 - ROST Stock was up 5.6%

  • Ross Stores (ROST) saw a strong bullish movement today.
  • Analysts' positive outlook on Ross Stores likely influenced the bullish trend.
  • Speculations of a potential rally exceeding 17% might have boosted investor confidence and interest in the stock.
  • Ross Stores, compared to other companies like TJX and Centene, attracted attention for its significant price increase potential, driving the bullish market movement.

27.00.2025 - ROST Stock was down 2.3%

  • Ross Stores (ROST) faced significant bearish movements despite a marginal increase in its stock price.
  • A comparative analysis between Target (TGT) and Ross Stores (ROST) may have revealed weaknesses in ROST from the perspective of value investors, contributing to the observed bearish trend.
  • Negative sentiment surrounding ROST's stock price was potentially spurred by a notable Apple analyst's bearish stance and other market downgrades.
  • Investors seem to be redirecting their attention from retail entities like Ross Stores to other sectors or companies, potentially driving the bearish trend.

22.10.2024 - ROST Stock was up 5.9%

  • Experienced a strong bullish movement today.
  • Reported Q3 earnings that surpassed estimates, with a 6.47% surprise on earnings and a 1.56% surprise on revenue.
  • Analysts revised their forecasts ahead of the earnings call, expecting quarterly earnings to increase from the year-ago period.
  • Managed to deliver strong results, indicating resilience in its business model despite challenges from inflation affecting retail customers.

23.04.2025 - ROST Stock was down 13.0%

  • Ross Stores reported strong quarterly earnings but issued lower-than-expected second-quarter EPS guidance, causing a decline in the stock price.
  • The decision to withdraw fiscal 2026 revenue and earnings guidance also influenced investor sentiment negatively.
  • Analysts reducing their projections for Ross Stores after the Q1 results added to the pessimistic view on the stock.
  • General market conditions, including a more than 1% drop in the Nasdaq Composite and declines in other major stocks, likely heightened the downward pressure on Ross Stores' stock price.

23.04.2025 - ROST Stock was down 10.6%

  • Ross Stores experienced a strong bearish movement due to the company issuing second-quarter EPS guidance below estimates, causing investor concern.
  • The decision to pull fiscal 2026 revenue and earnings guidance also contributed to the negative sentiment surrounding the stock.
  • Analysts had already anticipated lower Q1 earnings for Ross Stores, further dampening investor confidence in the company's performance.
  • The overall retail sector, including discount-retail companies like Ross Stores, has been under scrutiny, with investors seeking hidden gems and better insights into key metrics to stay ahead of the game amidst market volatility.

23.04.2025 - ROST Stock was down 10.6%

  • Ross Stores reported solid Q1 earnings, surpassing expectations with flat Q1 SSS growth and EPS of $1.47. However, the company's decision to withdraw its FY guidance and project earnings below consensus led to a bearish movement in the stock.
  • Analysts reduced their forecasts on Ross Stores after the Q1 results, mentioning concerns about the second-quarter EPS guidance being lower than estimates.
  • The general market sentiment was bearish, with the Nasdaq Composite decreasing over 1% and the S&P 500 dropping 0.87%, exerting downward pressure on Ross Stores shares.
  • Despite demonstrating strong Q1 results and sales improvement, the withdrawal of fiscal 2026 outlook and reduced guidance for the upcoming quarter impacted investor confidence, resulting in a significant decline in the stock price.

09.03.2025 - ROST Stock was up 8.0%

  • Ross Stores (ROST) experienced a strong bullish movement today.
  • Analyst upgrades and positive outlooks on ROST contributed to the bullish sentiment.
  • The long-term outperformance of ROST in the market, as highlighted in discussions about its 20-year performance, may have also boosted investor confidence.
  • Overall, the positive analyst forecasts and the historical performance of Ross Stores likely fueled the bullish movement in the stock today.

24.04.2024 - ROST Stock was up 8.4%

  • Ross Stores (ROST) experienced a strong bullish movement today, reflecting the positive sentiment surrounding the company.
  • The company's impressive performance in Q1, highlighted by steady earnings and financial metrics, has likely contributed to the stock's upward momentum.
  • Despite concerns about inflation impacting the broader market and leading to caution among investors, Ross Stores' ability to maintain its stock target and showcase competitive strengths has garnered investor confidence.
  • The off-price retail sector, as demonstrated by both Ross Stores and TJX Companies, has shown resilience and profitability even during challenging economic times, further bolstering ROST's bullish trend.

24.04.2024 - ROST Stock was up 9.2%

  • Ross Stores stock surged following strong earnings and increased guidance, signaling optimism about the company's future performance.
  • The off-price retail sector, which includes retailers like TJX, has demonstrated resilience and profitability even during economic challenges, potentially boosting confidence in Ross Stores among investors.
  • Despite concerns about inflation and potential interest rate adjustments, Ross Stores' solid financial outcomes and cost-saving initiatives likely bolstered investor confidence and contributed to the stock's upward momentum.
  • Deckers Outdoor, a company that also reported positive earnings, saw its stock rise alongside Ross Stores, indicating positive market sentiment towards retail stocks.

24.04.2024 - ROST Stock was up 9.5%

  • Ross Stores stock surged after reporting better-than-expected results and raising its guidance, indicating strong performance and investor confidence in the company's future prospects.
  • The positive earnings report and cost reduction efforts by Ross Stores likely contributed to the bullish movement, attracting investors seeking growth opportunities in the retail sector.
  • The overall upbeat sentiment in the market, as seen in the rise of other stocks like Deckers Outdoor Corporation, also supported the bullish movement in Ross Stores stock.
  • Analysts' bullish outlook on Ross Stores, as evidenced by a lifted stock price target, further boosted investor sentiment and contributed to the stock's upward momentum.
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Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.