Market PositionRoss Stores remains favorably positioned in a growing off-price pie with market share opportunity from department store share loss and white space remaining for unit growth with the company’s 2,500-store saturation target.
Traffic And Sales PerformanceTraffic improved from 3.7% in 1Q to 5.5% in 2Q, implying a potential acceleration.
ValuationROST has a significant valuation gap compared to its peers, indicating potential upside in its stock price.