- Prev close
- $235.23
- Day range
- $230.28 – $235.80
- Next earnings
- in 11 days
Ross Stores’ 6.1% move came alongside a strong same-session rally in off-price retail and a benign market backdrop, so the price action reads as sector-led rather than stock-specific deterioration.
ROST
ROSS STORES INC
As of Nov 4, 2026
76/100
Looks healthyHealth ScoreSector-led rally
Ross Stores moved +6.1% while the S&P 500 rose +0.3% and the Nasdaq 100 rose +0.6%, so the broad market does not explain the size of the move. The more relevant read is sector-wide strength: TJX was +5.2%, BURL was +7.7%, GAP was +8.0%, and URBN was +5.8%, which points to a group move in retail rather than a company-specific catalyst. The session also had a clean intraday path, with the stock opening at $237.65, reaching $249.05, and closing at $245.74, so the gain held rather than fading into the close.
Move versus fundamentals
This looks like a normal sector-driven swing for a stock with solid but not cheap fundamentals. Revenue is up +14.0% YoY on a TTM basis, the latest quarter was +13.3% YoY, and EPS is up +31.4% YoY, while TTM gross margin is +28.6%, operating margin is +13.8%, and net margin is +10.8%. Against that backdrop, valuation is demanding at a PE of 29.3, forward PE of 25.8, and PEG of 2.14 — a PEG, or price/earnings divided by growth, that says investors are already paying up for growth even with beta at 0.86. So the move is supported by intact operating momentum, but the rich multiple means the stock can swing more than the business alone would suggest.
Earnings on deck
The next earnings date is 2026-11-18. The available facts do not include analyst consensus revenue or EPS estimates for this print, so I cannot quote market expectations for the upcoming quarter. What is clear is the setup around durable questions: whether the +14.0% TTM revenue trend and +31.4% TTM EPS growth are holding, whether margins stay at +28.6% gross, +13.8% operating, and +10.8% net, and whether off-price demand remains strong versus peers. The recent company-news flow is constructive — UBS said Ross’s latest CEO is quietly reshaping how the company competes for value shoppers, and Bank of America cut a target on freight costs while still reiterating a "Buy" rating on Ross Stores and Burlington — but no prior-earnings reaction data is provided in the facts.
This report is for informational and educational purposes only. It does not constitute financial, investment, tax, or legal advice. The platform does not recommend buying or selling any security.
Track ROST with WhyIHold
Get a plain-English explanation the next time ROSS STORES INC makes a big move — so you know whether it's benign or worth your attention.