LOGO
LOGO

Corporate News

Ross Stores Stock Drops 10%

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Ross Stores, Inc. (ROST) fell 10.64 percent to $136.05 on Friday, losing $16.20, possibly in reaction to its first-quarter earnings report released yesterday. While net sales rose to $4.98 billion from $4.86 billion in the same quarter last year, net income declined slightly to $479 million from $488 million.

The stock opened at $134.60 and traded between $129.20 and $139.90 during the session on the Nasdaq. Volume surged to 7.9 million shares, more than double the average daily volume of 3.2 million. Ross Stores closed at $152.25 in the prior session.

Over the past 52 weeks, shares have ranged from $122.36 to $163.60.

For comments and feedback contact: editorial@rttnews.com

Business News

Invest in the Best Biotech Stocks by Subscribing to RTT Biotech Investor.
Global Economics Weekly Update - Jun 08-12, 2026

June 12, 2026 17:14 ET
Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.

RELATED NEWS