Ross Stores is a prominent off-price retailer that operates a chain of stores offering a diverse selection of brand name and designer merchandise at discounted prices. The company specializes in apparel, home goods, and accessories, providing customers with a treasure-hunt shopping experience. By purchasing excess inventory from manufacturers and other retailers, Ross Stores is able to pass significant savings onto consumers, appealing to budget-conscious shoppers. The company operates under two distinct brand names, Ross Dress for Less and dd's Discounts, ensuring a wide reach in the off-price retail sector across various markets. Read More
Large-cap stocks usually command their industries because they have the scale to drive market trends.
The flip side though is that their sheer size can limit growth as expanding further becomes an increasingly challenging task.
While the S&P 500 (^GSPC) includes industry leaders, not every stock in the index is a winner.
Some companies are past their prime, weighed down by poor execution, weak financials, or structural headwinds.
Off-price retail company Ross Stores (NASDAQ:ROST) fell short of the market’s revenue expectations in Q1 CY2025 as sales rose 2.6% year on year to $4.98 billion.
A number of stocks jumped in the afternoon session after the major indices rebounded (Nasdaq +2.0%, S&P 500 +1.5%) as President Trump postponed the planned 50% tariff on European Union imports, shifting the start date to July 9, 2025.
Large-cap stocks were the worst performers last week, with declines up to 23%. Reasons include revenue misses, FDA bans, and Uber's stake monetization.
Shares of off-price retail company Ross Stores (NASDAQ:ROST) fell 12.8% in the afternoon session after the company reported an underwhelming first quarter of 2025 results: its revenue and EPS guidance for the next quarter fell short of Wall Street's estimates. Management also withdrew full-year guidance, reflecting the uncertainty around evolving trade policy and inflation, especially given that over half of its merchandise originates from China.
Wall Street stumbled midday Friday, shaken by a fresh wave of trade war fears after President Donald Trump proposed aggressive new tariffs on Apple Inc. (NASDAQ:AAPL)
Let's have a look at what is happening on the US markets in the middle of the day on Friday. Below you can find the top S&P500 gainers and losers in today's session.
Curious about the market action on Friday? Dive into the US markets to explore the gap up and gap down stocks in the S&P500 index during today's session.
As the US market prepares to open on Friday, let's get an early glimpse into the pre-market session and identify the S&P500 stocks leading the pack in terms of gains and losses.
Off-price retail company Ross Stores (NASDAQ:ROST) reported Q1 CY2025 results topping the market’s revenue expectations, with sales up 2.6% year on year to $4.98 billion. On the other hand, next quarter’s revenue guidance of $5.37 billion was less impressive, coming in 2.3% below analysts’ estimates. Its GAAP profit of $1.47 per share was 2.5% above analysts’ consensus estimates.
