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Ross Stores ( (ROST) ) has shared an update.
Ross Stores announced a leadership transition with Michael Balmuth stepping down as Executive Chairman on January 31, 2026, and retiring from the Board. K. Gunnar Bjorklund, a long-serving Board member, will succeed him as Chairman effective February 1, 2026. This change reflects a strategic move to ensure continued growth and strong market positioning, with Bjorklund’s extensive experience in the off-price retail sector being seen as a significant asset for the company’s future. The transition highlights Balmuth’s impactful leadership, which transformed Ross into a leading retailer with over 2,200 stores nationwide.
The most recent analyst rating on (ROST) stock is a Buy with a $200.00 price target. To see the full list of analyst forecasts on Ross Stores stock, see the ROST Stock Forecast page.
Spark’s Take on ROST Stock
According to Spark, TipRanks’ AI Analyst, ROST is a Outperform.
Ross Stores’ overall stock score of 79.4 reflects its strong financial performance and positive earnings call sentiment, which are the most significant factors. The technical analysis supports a bullish trend, although the high RSI suggests caution. The valuation is a concern, with a high P/E ratio indicating potential overvaluation. The company’s strategic expansion and raised guidance contribute positively to the outlook.
To see Spark’s full report on ROST stock, click here.
More about Ross Stores
Ross Stores, Inc. is a prominent player in the off-price retail industry, headquartered in Dublin, California. It operates Ross Dress for Less, the largest off-price apparel and home fashion chain in the United States, with 1,909 locations across 44 states, the District of Columbia, Guam, and Puerto Rico. The company also runs dd’s DISCOUNTS stores, offering moderately-priced apparel and home fashions. Ross Stores is part of the S&P 500, Fortune 500, and Nasdaq 100, with fiscal 2024 revenues of $21.1 billion.
Average Trading Volume: 2,460,269
Technical Sentiment Signal: Buy
Current Market Cap: $56.59B
For detailed information about ROST stock, go to TipRanks’ Stock Analysis page.