Category: Markets
Published: 2026-08-17T16:21:54.000Z
Ross Stores (ROST) stock dropped 3.1% today, likely due to a broader retail-sector pullback following a weak July U.S. retail sales report and investors reducing exposure ahead of its upcoming quarterly earnings. Despite the dip, the company had previously reported strong first-quarter sales and earnings, raised its fiscal 2026 outlook, and is continuing its expansion plan with 110 new stores expected in 2026. Insider trading data shows significant sales by executives, while institutional investors have made both large additions and reductions to their holdings.
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