ROST Jan 2025 55.000 put
| Previous close | 0.4700 |
| Open | 0.4700 |
| Bid | 0.4000 |
| Ask | 0.7000 |
| Strike | 55.00 |
| Expiry date | 2025-01-17 |
| Day's range | 0.4700 - 0.4700 |
| Contract range | N/A |
| Volume | |
| Open interest | 2 |
GuruFocus.comInsider Sale: CEO Barbara Rentler Sells 48,885 Shares of Ross Stores Inc (ROST)
Ross Stores Inc (NASDAQ:ROST) reported a significant insider transaction on August 27, 2024, involving its Chief Executive Officer, Barbara Rentler. According to the SEC Filing, the insider sold 48,885 shares of the company. Following this transaction, the insider now owns 311,853 shares of Ross Stores Inc.
FortuneRoss Stores’ CEO made a whopping 2,100 times as much as her typical employee in 2023
Barbara Rentler raked in $18.1 million in 2023, while rank-and-file workers made just $8,600.
- Yahoo Finance Video
The consumer is 'stable,' but not very strong: Analyst
Despite strong July retail sales indicating consumer resilience, many companies have pointed to choosier customers trading down when they can. CFRA analyst Zachary Warring joins Morning Brief to weigh in on the mixed picture of the consumer and discuss the retailers performing best in this environment. "We think the consumer's just being pickier. It's a stable consumer, but we wouldn't say they're strong by any means," Warring tells Yahoo Finance. As consumers increasingly prioritize value, Warring notes that off-price retailers are among the companies best positioned to benefit. He points to TJ Maxx (TJX) and Ross Stores (ROST) as examples, explaining that they continue to see share price appreciation as well as earnings and store growth. However, he notes that there are opportunities outside of value retailers, highlighting Abercrombie & Fitch (ANF) as an example as its most recent earnings report demonstrated its ability to grow revenue and expand margins. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Melanie Riehl
