Latest news with #discountRetailer
Yahoo
27-06-2025
- Business
- Yahoo
JPMorgan Bullish on Ross Stores (ROST) Amid New Marketing and Store Refresh Strategy
Ross Stores, Inc. (NASDAQ:ROST) ranks among the best consumer discretionary stocks to buy now. JPMorgan raised its price target for Ross Stores, Inc. (NASDAQ:ROST) from $141 to $154 on June 13 while maintaining its Overweight rating on the company's shares. The firm mentioned the possibility of increased traffic and comparable store sales growth after a meeting with the company's executive team. Ross Stores, Inc. (NASDAQ:ROST) is putting a new marketing and in-store experience strategy into action. The retailer intends to begin early marketing campaigns in July/August and hopes to have refreshed the entirety of its chain of stores by the end of fiscal year 2026, which management believes could lead to same-store sales growth of more than 3-4%. Ross Stores, Inc. (NASDAQ:ROST) demonstrated sequential comparable sales gains at the end of the first quarter, especially in March and April, according to JPMorgan. Based on the firm's 'healthy' second-quarter guidance of up to 3% growth, the company's historical pattern points to a possible 300 basis point two-year stack acceleration compared to the first quarter. Ross Stores, Inc. (NASDAQ:ROST) is a discount clothing retailer that runs home fashion stores under the DD's Discount and Ross Dress for Less (Ross) brands. Along with footwear, accessories, and home fashion, the company's outlets offer customers cheap in-season designer and name-brand clothing. While we acknowledge the potential of ROST as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. Read More: and Disclosure: None. Sign in to access your portfolio
Reuters
04-06-2025
- Business
- Reuters
Discount retailer B&M misses annual sales forecast as inflation hits UK demand
June 4 (Reuters) - Discount retailer B&M (BMEB.L), opens new tab reported annual sales of 5.6 billion pounds ($7.57 billion) on Wednesday, falling short of expectations, as waning consumer demand and persistent inflation hampered its UK operations. ($1 = 0.7402 pounds)
The Sun
04-06-2025
- Business
- The Sun
Lidl launches £1.99 plant that flowers every week until October & adds instant privacy to your garden
LIDL has launched a £1.99 plant that will flower every week until October. Alongside a number of other options, this will also add instant privacy to your garden. 4 If you want to create a colourful spectacle with minimal effort but has maximum impact then this could be the product for you. As we approach summer, you might be considering putting on a garden party. For this, your outdoor space needs to be in tip top shape and you might be looking to brighten up your garden with plants. Lidl is the low-budget supermarket with German origins that has made a huge impact in the UK. In its latest offer, you will be able to get your hands on assorted flowering plants for just £1.99. The discount retailer is offering a number of stunning plants to create an at-home oasis. For just £5.99, shoppers can choose to buy colourful hanging baskets that are perfect for gardens, balconies or patios. Red and yellow flowers sit in bold red baskets that are sure to add a huge pop of colour to your garden. With a height in between 25cm of 30cm, there is plenty of green flora included to give an exotic feel. You can also get your hands on Hibiscus flowers for just £6.99, and large 17cm Perennials for even less at £4.99 each. Parents race to Lidl for middle aisle bargains including 2 in 1 sandpit for £29 For the latter plants, shoppers can chose from Cosmos, Lavender, Snapdragons and Dianthus. For some of these larger plants, homeowners might need to buy stylish pots to place them in. Lidl is also offering a round stone ceramic pot for just £6.99, which could provide the perfect pairing with the houseplants. The item is available in two different colours in grey and a beige to suit multiple tastes. 4
