Earnings estimates continue to climb for Ross Stores, Inc. (NasdaqGS: ROST – News) as the company delivers month after month of strong same-store sales growth. It is a Zacks #2 Rank (Buy) stock.
Analysts expect this growth to continue. Based on consensus estimates, analysts project 16% EPS growth this year and 11% growth next year. On top of this, the company pays a dividend that currently yields 1.1%. Valuation is attractive too, with shares sporting a PEG ratio of 1.0.
Off-Price Retailers Still Thriving
Ross Stores is an off-price retailer offering name brand products at significant discounts to the competition.
Regards,
Don
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