Ross Stores' Pricing Approach is Winning Market Share, Analysts Say
Dow Jones
Yesterday
1402 ET - Ross Stores has taken a conservative stance when it comes to pricing, even as rivals like TJX have notched outsized same-store sales growth recently due to price increases, William Blair analysts say in a note. But for Ross, the strategy seems to be paying off as it gains market share, the analysts say. "In the current environment, we think a better value proposition clearly is winning Ross incremental share," the analysts say. "It is nearly impossible to think some of that is not at the expense of TJX."
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.