Ross Stores’ Q3 beat and raised FY’25 guidance, but a 26.9x valuation looks stretched amid tariff and trade-down risks.
Ross Stores: Riding The Trade-Down Wave, But What Happens When The Tide Flips?
Ross Stores’ Q3 beat and raised FY’25 guidance, but a 26.9x valuation looks stretched amid tariff and trade-down risks.