Ross Stores shares rise over 45% in a year with strong outlook before Q1 earnings release.

Ross Stores, a discount retailer, has seen its shares increase by more than 45% over the past year and over 20% year-to-date. The company is expected to report its Q1 earnings on May 21. Despite limited analyst coverage, Ross Stores is showing strong operating performance and a positive outlook, suggesting the stock is fairly priced ahead of the earnings announcement.