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Is Ross Stores (ROST) Outperforming Other Retail-Wholesale Stocks This Year?

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The Retail-Wholesale group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Ross Stores (ROST - Free Report) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Retail-Wholesale peers, we might be able to answer that question.

Ross Stores is a member of the Retail-Wholesale sector. This group includes 228 individual stocks and currently holds a Zacks Sector Rank of #3. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.

The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. ROST is currently sporting a Zacks Rank of #2 (Buy).

Within the past quarter, the Zacks Consensus Estimate for ROST's full-year earnings has moved 3.80% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.

Our latest available data shows that ROST has returned about 2.98% since the start of the calendar year. Meanwhile, the Retail-Wholesale sector has returned an average of 1% on a year-to-date basis. This means that Ross Stores is outperforming the sector as a whole this year.

Looking more specifically, ROST belongs to the Retail - Discount Stores industry, which includes 10 individual stocks and currently sits at #31 in the Zacks Industry Rank. On average, stocks in this group have gained 11.94% this year, meaning that ROST is slightly underperforming its industry in terms of year-to-date returns.

ROST will likely be looking to continue its solid performance, so investors interested in Retail-Wholesale stocks should continue to pay close attention to the company.


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