Street View: Ross Stores pins holiday hopes on demand for discounted apparel

Ross Stores

21/11/2025 16:04

** Shares of apparel retailer Ross Stores ROST.O up as much as 6.7% at a record high of $171.32

** Company raised annual profit forecast on Thursday, betting on resilient demand for discounted apparel and accessories in holiday season

** At least 6 analysts raise PT on ROST; average rating of 19 brokerages covering the stock is $181 - data compiled by LSEG

MOMENTUM BUILDS INTO HOLIDAY

** Jefferies ("buy"; PT: $190): ROST’s Q3 beat was fueled by strong comps and margin execution, supported by a value proposition and marketing strategy that continue to resonate with consumers

** Brokerage expects this momentum to carry into the holiday season

** TD Cowen ("buy"; PT: $192): Q3 comp performance was "broad-based" with all categories running positive but led by cosmetics, shoes, ladies apparel, and regionally by the Southeast and Midwest

** Barclays ("overweight"; PT: $183): Company sharpened its execution and now stands out as a "top-tier operator in the off-price space"; elevated its merchandising and assortment strategy, while strengthening supply-chain performance

** J.P.Morgan ("overweight"; PT: $200): Company will continue to benefit from consistent strength seen in the reported quarter with strong trends during back-to-school season

(Reporting by Sanskriti Shekhar in Bengaluru)

((Sanskriti.Shekhar@thomsonreuters.com))