NasdaqGS:ROSTSpecialty Retail
How Solid Results and High-Return Expansion At Ross Stores (ROST) Has Changed Its Investment Story
In recent days, Ross Stores reported solid quarterly results, with revenue and comparable sales topping cautious expectations, supported by strong customer traffic in apparel and home categories.
The company is also pushing ahead with an expansion program underpinned by average same-store sales growth of 3.4% over the past two years and an industry-leading 30.6% return on capital, highlighting management’s focus on high-return store investments.
Next, we’ll explore how Ross Stores’ ongoing...