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ROST Sees Short-Term Tailwinds & Long-Term Headwinds with Higher Inflation
Ross Stores (ROST) posted earnings at the end of a week packed with retail reports. Chris Wang believes the big box retailer's growth can continue to outpace competitors as consumers become more value conscious. Brett Husslein of Morningstar sees gains continuing short-term but notes the company faces long-term headwinds should inflation stay high. Ross Stores (ROST) posted earnings at the end of a week packed with retail reports. Chris Wang believes the big box retailer's growth can continue to outpace competitors as consumers become more value conscious. Brett Husslein of Morningstar sees gains continuing short-term but notes the company faces long-term headwinds should inflation stay high.
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By Schwab NetworkRoss Stores (ROST) posted earnings at the end of a week packed with retail reports. Chris Wang believes the big box retailer's growth can continue to outpace competitors as consumers become more value conscious. Brett Husslein of Morningstar sees gains continuing short-term but notes the company faces long-term headwinds should inflation stay high. Ross Stores (ROST) posted earnings at the end of a week packed with retail reports. Chris Wang believes the big box retailer's growth can continue to outpace competitors as consumers become more value conscious. Brett Husslein of Morningstar sees gains continuing short-term but notes the company faces long-term headwinds should inflation stay high.