In its first-quarter 2026 investor letter, Jensen Quality Mid Cap Fund highlighted Ross Stores, Inc. (NASDAQ:ROST) as one of its leading contributors.
Ross Stores, Inc. (NASDAQ:ROST) is a US-based off-price retail apparel and home fashion store operator
On May 11, 2026, Ross Stores, Inc. (NASDAQ:ROST) stock closed at $214.55 per share. One-month return of Ross Stores, Inc. (NASDAQ:ROST) was -3.91%, and its shares gained 43.68% over the past 52 weeks. Ross Stores, Inc. (NASDAQ:ROST) has a market capitalization of $69.39 billion.
Jensen Quality Mid Cap Fund stated the following regarding Ross Stores, Inc. (NASDAQ:ROST) in its Q1 2026 investor letter: “Ross Stores, Inc. (NASDAQ:ROST) was the second largest contributor to Portfolio performance during the quarter. With a market share of approximately 30 percent, ROST is the second largest off-price retailer of apparel and home accessories in the U.S. Off-price retailers exploit manufacturing and purchasing inefficiencies between traditional retailers and their suppliers, enabling them to purchase inventory at low prices.