Here's How Much $100 Invested In Ross Stores 20 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Ross Stores (NASDAQ:ROST) has delivered an average annual return of 11.68% over the past 20 years, outperforming the market. A $100 investment in ROST 20 years ago would now be worth $894.66. The company currently has a market capitalization of $46.62 billion.
April 11, 2024 | 4:00 pm
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Ross Stores has shown significant long-term growth, with a $100 investment growing to $894.66 over 20 years, reflecting an 11.68% average annual return.
The article highlights Ross Stores' strong performance over the past two decades, significantly outperforming the market with an 11.68% average annual return. This historical performance, especially in a retail sector that has faced numerous challenges, underscores the company's resilience and effective business model. Given this track record, the short-term outlook for ROST could be positive, as investors may view the company's past performance as indicative of its future potential.
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