HomeLifestyleRetailRoss Stores (ROST) Shares Soar To Highest Point Since Jan 2022

Ross Stores (ROST) Shares Soar To Highest Point Since Jan 2022

Ross Stores (ROST) 3Q earnings beat expectations and the company raised its guidance. Alex Coffey and Jenny Horne discuss ROST as its shares have soared to their highest point since January 2022. They talk about how ROST expects the promotional holiday season and inflation to pressure their holiday selling season. They also compare ROST to Target (TGT), Macy's (M), and Kohl's (KSS). Alex then demonstrates an example trade using ROST. Tune in to find out more about the stock market today.

Next Gen Investing

18 Nov 2022

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