JD.com vs Ross
JD.com, Inc. and Ross Stores Inc. are presented here for comparison. This page examines both companies side by side to illuminate their business models, financial performance, and market context, in a neutral, accessible way. It does not provide investment advice but aims to clarify how each company operates and performs within its sector. Educational content, not financial advice.
JD.com, Inc. and Ross Stores Inc. are presented here for comparison. This page examines both companies side by side to illuminate their business models, financial performance, and market context, in a...
Why It's Moving
HSBC Flags Challenging 2026 Outlook for JD.com Amid High Growth Bases.
- 4Q 2025 revenue growth slowed to 2%, with retail segment dipping 2%, signaling decelerating momentum into the new year.
- Trade-in program continuation offers limited lift for JD due to front-loaded appliance demand and potential shift to broader categories.
- JD pledges billions in housing aid for riders, bolstering talent retention amid fierce instant-delivery competition.
Ross Stores powers ahead with strong same-store sales and bold expansion amid smooth CEO transition.
- Strong same-store sales reflect solid shopper traffic for off-price treasures, reinforcing Ross's appeal to budget-conscious consumers.
- New CEO credited with reviving momentum, completing leadership transition without disrupting operations.
- Aggressive expansion targets over 3,600 stores, with untapped potential in Midwest and Northeast markets.
HSBC Flags Challenging 2026 Outlook for JD.com Amid High Growth Bases.
- 4Q 2025 revenue growth slowed to 2%, with retail segment dipping 2%, signaling decelerating momentum into the new year.
- Trade-in program continuation offers limited lift for JD due to front-loaded appliance demand and potential shift to broader categories.
- JD pledges billions in housing aid for riders, bolstering talent retention amid fierce instant-delivery competition.
Ross Stores powers ahead with strong same-store sales and bold expansion amid smooth CEO transition.
- Strong same-store sales reflect solid shopper traffic for off-price treasures, reinforcing Ross's appeal to budget-conscious consumers.
- New CEO credited with reviving momentum, completing leadership transition without disrupting operations.
- Aggressive expansion targets over 3,600 stores, with untapped potential in Midwest and Northeast markets.
Investment Analysis
JD.com
JD
Pros
- JD.com operates a large-scale, technology-driven e-commerce platform with a hybrid direct-sales and marketplace model, supporting strong consumer trust in product quality and delivery.
- The company has demonstrated robust earnings growth, with analysts forecasting over 40% year-on-year profit growth for 2026, supported by a forward P/E below 9x.
- JD.com maintains a leading position in China's retail sector, with active customers exceeding 580 million and revenue comparable to major global retailers.
Considerations
- JD.com's gross margin is relatively low at around 8%, reflecting its capital-intensive direct-sales model and competitive pricing pressures.
- The company faces intense competition from Alibaba and PDD, which have captured significant market share through different business models and aggressive discounting.
- JD.com's valuation, while lower than peers, is sensitive to macroeconomic conditions and regulatory changes in China's e-commerce sector.
Ross
ROST
Pros
- Ross Stores operates a large network of off-price retail stores across the US, benefiting from strong brand recognition and a loyal customer base in the apparel and home fashion sector.
- The company has consistently delivered solid profitability, with a trailing P/E ratio of 24.77, which is below its long-term historical average, suggesting relative value.
- Ross Stores has a proven track record of disciplined expansion and efficient inventory management, supporting steady revenue growth and margin stability.
Considerations
- Ross Stores' business model is highly dependent on consumer discretionary spending, making it vulnerable to economic downturns and shifts in consumer behaviour.
- The company's growth prospects are limited by market saturation in the US off-price retail segment, constraining new store openings and same-store sales growth.
- Ross Stores does not pay a dividend, which may be a drawback for income-focused investors seeking regular returns.
Related Market Insights
Value Retail's Winning Streak: Why Discount Retailers Are Thriving
Discover why discount retailers are thriving amidst economic shifts. Explore investment opportunities in value retail and logistics partners with Nemo's thematic Neme.
Aimee Silverwood | Financial Analyst
August 22, 2025
Related Market Insights
Value Retail's Winning Streak: Why Discount Retailers Are Thriving
Discover why discount retailers are thriving amidst economic shifts. Explore investment opportunities in value retail and logistics partners with Nemo's thematic Neme.
Aimee Silverwood | Financial Analyst
August 22, 2025
JD.com (JD) Next Earnings Date
JD.com's next earnings date is estimated for March 5, 2026, covering the Q4 2025 period. This follows the pattern of prior-year releases around early March, with the most recent Q3 2025 report announced on November 13, 2025. Analysts anticipate the earnings call to discuss these full-year results shortly thereafter.
Ross (ROST) Next Earnings Date
Ross Stores (ROST) next earnings date is estimated for March 3, 2026, following the company's historical reporting pattern for late fiscal year quarters. This release will cover the Q4 2025 results, typically announced after market close. Note that the exact date remains unconfirmed by the company, with estimates ranging from March 2 to March 6 based on prior schedules.
JD.com (JD) Next Earnings Date
JD.com's next earnings date is estimated for March 5, 2026, covering the Q4 2025 period. This follows the pattern of prior-year releases around early March, with the most recent Q3 2025 report announced on November 13, 2025. Analysts anticipate the earnings call to discuss these full-year results shortly thereafter.
Ross (ROST) Next Earnings Date
Ross Stores (ROST) next earnings date is estimated for March 3, 2026, following the company's historical reporting pattern for late fiscal year quarters. This release will cover the Q4 2025 results, typically announced after market close. Note that the exact date remains unconfirmed by the company, with estimates ranging from March 2 to March 6 based on prior schedules.
Which Baskets Do They Appear In?
Discount Retail Trends 2025: Market Analysis & Risks
Walmart has raised its sales and earnings forecast, demonstrating strong performance despite rising tariff costs. This success highlights an investment opportunity in discount retailers and the logistics companies that support their growing e-commerce operations.
Published: August 22, 2025
Explore BasketWhich Baskets Do They Appear In?
Discount Retail Trends 2025: Market Analysis & Risks
Walmart has raised its sales and earnings forecast, demonstrating strong performance despite rising tariff costs. This success highlights an investment opportunity in discount retailers and the logistics companies that support their growing e-commerce operations.
Published: August 22, 2025
Explore BasketBuy JD or ROST in Nemo
Zero Commission
Trade stocks, ETFs, and more with zero commission. Keep more of your returns.
Trusted & Regulated
Part of Exinity Group 2015, serving over a million customers globally.
6% Interest on Cash
Earn 6% AER on uninvested cash with daily interest payments.
Discover More Comparisons
JD.com vs Copart
JD.com vs Copart
JD.com vs Take-Two Interactive
JD.com vs Take-Two Interactive: a comparison
JD.com vs Chipotle
JD.com vs Chipotle