Declared Dividend • May 24
First quarter dividend of US$0.45 announced Shareholders will receive a dividend of US$0.45. Ex-date: 9th June 2026 Payment date: 30th June 2026 Dividend yield will be 0.8%, which is lower than the industry average of 2.5%. Sustainability & Growth Dividend is well covered by both earnings (23% earnings payout ratio) and cash flows (22% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 29% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Buy Or Sell Opportunity • May 22
Now 26% overvalued after recent price rise Over the last 90 days, the stock has risen 15% to €196. The fair value is estimated to be €156, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.4% over the last 3 years. Earnings per share has grown by 13%. For the next 3 years, revenue is forecast to grow by 6.3% per annum. Earnings are also forecast to grow by 7.6% per annum over the same time period. Aankondiging • May 22
Ross Stores, Inc. announces Quarterly dividend, payable on June 30, 2026 Ross Stores, Inc. announced Quarterly dividend of USD 0.4450 per share payable on June 30, 2026, ex-date on June 09, 2026 and record date on June 09, 2026. Board Change • May 21
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 5 highly experienced directors. CEO & Director Jim Conroy was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Aankondiging • May 08
Ross Stores, Inc. to Report Q1, 2027 Results on May 21, 2026 Ross Stores, Inc. announced that they will report Q1, 2027 results at 4:00 PM, US Eastern Standard Time on May 21, 2026 Aankondiging • Apr 08
Ross Stores, Inc., Annual General Meeting, May 20, 2026 Ross Stores, Inc., Annual General Meeting, May 20, 2026. Aankondiging • Feb 18
Ross Stores, Inc. to Report Q4, 2026 Results on Mar 03, 2026 Ross Stores, Inc. announced that they will report Q4, 2026 results at 4:00 PM, US Eastern Standard Time on Mar 03, 2026 Aankondiging • Nov 25
Ross Stores, Inc. Announces Board Chair Changes Ross Stores, Inc. announced that its Board of Directors has approved the following Board Chair succession plan: As previously communicated, Michael Balmuth will step down as Executive Chairman of the Board on January 31, 2026, and will continue to serve as a Senior Advisor to the Company through March 31, 2026. Mr. Balmuth has advised that when he steps down as Executive Chairman, he will also retire from the Board. K. Gunnar Bjorklund, current Board member and Lead Independent Director, has been appointed to succeed Mr. Balmuth as Chairman of the Board, effective February 1, 2026. Gunnar has long served as an independent Board member with deep knowledge of the Company and the off-price retail sector, along with a strong background in shaping consumer-driven business strategies. He has also served as our Board’s Lead Independent Director since 2023. His insights and leadership will continue to be significant assets to the Company and its shareholders. Aankondiging • Nov 21
Ross Stores, Inc. Raises Earnings Guidance for 13 Weeks Ending January 31, 2026 and the Full Year 2025 Ross Stores, Inc. raised earnings guidance for 13 Weeks Ending January 31, 2026 and the Full Year 2025. For the year, the company is increasing earnings per share guidance to be in the range of $6.38 to $6.46, which includes approximately $0.16 per share negative impact from tariff-related costs. In addition, and as a reminder, 2024 fourth quarter and full year earnings per share of $1.79 and $6.32, respectively, included an approximate $0.14earnings per share benefit related to the sale of a packaway facility.
For the 13 weeks ending January 31, 2026, the company is raising comparable store sales forecast to be up 3% to 4% with earnings per share in the range of $1.77 to $1.85. This updated guidance range reflects approximately $0.03 earnings per share of unfavorable timing of packaway-related expenses that benefited the third quarter. Aankondiging • Nov 20
Ross Stores, Inc. Declares Regular Quarterly Cash Dividend, Payable on December 31, 2025 Ross Stores, Inc. announced that the Company’s Board of Directors declared a regular quarterly cash dividend of $0.405 per common share, payable on December 31, 2025 to stockholders of record as of December 9, 2025. Aankondiging • Nov 07
Ross Stores, Inc. to Report Q3, 2026 Results on Nov 20, 2025 Ross Stores, Inc. announced that they will report Q3, 2026 results at 4:00 PM, US Eastern Standard Time on Nov 20, 2025 Aankondiging • Aug 22
Ross Stores, Inc. Provides Earnings Guidance for the Third and Fourth Quarter and 52 Weeks Ending January 31, 2026 Ross Stores, Inc. provided earnings guidance for the third and fourth quarter and 52 weeks ending January 31, 2026. For the third quarter, the company planning comparable store sales growth of up 2% to 3% and earnings per share for the third quarter are projected to be $1.31 to $1.37 versus $1.48 last year.
For the fourth quarter, the company planning comparable store sales growth of up 2% to 3% and earnings per share projected to be $1.74 to $1.81 for the fourth quarter compared to $1.79 in 2024.
The company earnings per share for the 52 weeks ending January 31, 2026 are now planned to be in the range of $6.08 to $6.21 versus $6.32 last year. Aankondiging • Aug 21
Ross Stores, Inc. Announces Quarterly Cash Dividend, Payable on September 30, 2025 Ross Stores, Inc. announced that the Company’s Board of Directors declared a regular quarterly cash dividend of $0.405 per common share, payable on September 30, 2025 to stockholders of record as of September 9, 2025. Aankondiging • Aug 08
Ross Stores, Inc. to Report Q2, 2026 Results on Aug 21, 2025 Ross Stores, Inc. announced that they will report Q2, 2026 results at 4:00 PM, US Eastern Standard Time on Aug 21, 2025 Aankondiging • May 22
Ross Stores, Inc. Announces Quarterly Cash Dividend, Payable on June 30, 2025 Ross Stores, Inc. announced that the Company’s Board of Directors declared a regular quarterly cash dividend of $0.405 per common share, payable on June 30, 2025 to stockholders of record as of June 10, 2025. Aankondiging • May 09
Ross Stores, Inc. to Report Q1, 2026 Results on May 22, 2025 Ross Stores, Inc. announced that they will report Q1, 2026 results at 4:00 PM, US Eastern Standard Time on May 22, 2025 Aankondiging • Apr 09
Ross Stores, Inc., Annual General Meeting, May 21, 2025 Ross Stores, Inc., Annual General Meeting, May 21, 2025. Aankondiging • Feb 19
Ross Stores, Inc. to Report Q4, 2025 Results on Mar 04, 2025 Ross Stores, Inc. announced that they will report Q4, 2025 results at 4:00 PM, US Eastern Standard Time on Mar 04, 2025 Aankondiging • Nov 22
Ross Stores, Inc. Updates Earnings Guidance for the 13 Weeks and 52 Weeks Ending February 1, 2025 Ross Stores, Inc. updated earnings guidance for the 13 weeks and 52 weeks ending February 1, 2025. For the 13 weeks, the company continue to project comparable store sales to increase 2% to 3%. Earnings per share for the fourth quarter are planned to be in the range of $1.57 to $1.64, compared to $1.82 for the 14 weeks ended February 3, 2024. This guidance range includes an unfavorable impact of approximately $0.03 per share primarily from the timing of packaway-related expenses that benefited the third quarter.
For the 52 weeks, based on the company’s year-to-date results and fourth quarter forecast, earnings per share now expected to be in the range of $6.10 to $6.17 versus $5.56 last year. As a reminder, both the 2023 fourth quarter and full year results included an approximate $0.20 earnings per share benefit from the 53rd week. Aankondiging • Nov 21
Ross Stores, Inc. Announces Quarterly Dividend, Payable on December 31, 2024 Ross Stores, Inc. announced that the Company’s Board of Directors declared a regular quarterly cash dividend of $0.3675 per common share, payable on December 31, 2024 to stockholders of record as of December 10, 2024. Aankondiging • Nov 08
Ross Stores, Inc. to Report Q3, 2025 Results on Nov 21, 2024 Ross Stores, Inc. announced that they will report Q3, 2025 results at 4:00 PM, US Eastern Standard Time on Nov 21, 2024 Aankondiging • Oct 29
Ross Stores, Inc. Announces Chief Executive Officer Changes Ross Stores, Inc. announced that its Board of Directors has appointed James Conroy (54), a seasoned retail CEO, as Chief Executive Officer, succeeding Barbara Rentler effective February 2, 2025. Initially, Mr. Conroy will join the Company on December 2, 2024 as Chief Executive Officer – Elect, when he will also become a member of the Board of Directors, reporting to Executive Chairman Michael Balmuth. Upon becoming CEO, he will report directly to the Company’s full Board of Directors. Mr. Conroy is a talented retail executive with more than 25 years of management, operational, and consulting experience. Most recently since 2012, Mr. Conroy has served as President and Chief Executive Officer of Boot Barn. Prior to joining Boot Barn, Mr. Conroy served in various executive roles at Claire’s Stores, Inc. from 2007 to 2012, including Chief Operating Officer and Interim Co-Chief Executive Officer in 2012 and President from 2009 to 2012. Mr. Conroy’s appointment follows a comprehensive search process launched when Ross announced its long-term CEO succession plan in June 2023. As part of the previously announced succession plan, Barbara Rentler (67), current Chief Executive Officer and Vice Chair, will move to an advisory role as of February 2, 2025, where she will continue to play an important role in the ongoing implementation of merchandising strategies through March 31, 2027. Aankondiging • Sep 13
Ross Stores, Inc. Announces Executive Changes Ross Stores, Inc. announced merchandising leadership changes that the Company believes will strengthen the successful execution of its off-price strategies and drive profitable market share gains over the near and long term. Effective December 1, 2024: Karen Fleming is being promoted to President and Chief Merchandising Officer, Ross Dress for Less, continuing to report directly to Barbara Rentler, Chief Executive Officer. Ms. Fleming is currently President and Chief Merchandising Officer of dd's DISCOUNTS and is responsible for directing all aspects of merchandising at dd's. In her new role, Ms. Fleming will oversee the merchandising responsibilities at Ross Dress for Less. Karen Sykes will become President and Chief Merchandising Officer, dd's DISCOUNTS, also continuing to report directly to Barbara Rentler, Chief Executive Officer. Ms. Sykes will replace Ms. Fleming upon her promotion. Ms. Sykes currently serves as Executive Vice President, Merchandising overseeing Men's and Children's at Ross Dress for Less. In her new role, Ms. Sykes will direct all aspects of merchandising at dd's. Reported Earnings • Aug 23
Second quarter 2025 earnings released: EPS: US$1.60 (vs US$1.33 in 2Q 2024) Second quarter 2025 results: EPS: US$1.60 (up from US$1.33 in 2Q 2024). Revenue: US$5.29b (up 7.1% from 2Q 2024). Net income: US$527.1m (up 18% from 2Q 2024). Profit margin: 10.0% (up from 9.0% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 11% per year. Aankondiging • Aug 23
Ross Stores, Inc. Provides Earnings Guidance for the Third Quarter, Fourth Quarter and Full Year of 2024 Ross Stores, Inc. provided earnings guidance for the third quarter, fourth quarter and full year of 2024. For the quarter, third quarter earnings per share are expected to be in the range of $1.35 to $1.41 versus $1.33 last year. Total sales are forecast to increase 3% to 5% versus the prior year. Net interest income is estimated to be approximately $39 million.
For the fourth quarter, earnings per share are expected to be in the range of $1.60 to $1.67 compared to $1.82 in 2023. This updated earnings guidance now reflects additional efficiencies they expect to achieve in the second half of 2024. The company is planning comparable sales growth of 2% to 3% on top of 5% and 7% gains, respectively, in 2023.
If the second half performs in line with these projections, earnings per share for the full year 2024 are now forecast to be in the range of $6 to $6.13, up from $5.56 in fiscal 2023. Aankondiging • Aug 22
Ross Stores, Inc. Announces Quarterly Dividend, Payable on September 30, 2024 Ross Stores, Inc. announced that the Company’s Board of Directors declared a regular quarterly cash dividend of $0.3675 per common share, payable on September 30, 2024 to stockholders of record as of September 10, 2024. Aankondiging • Aug 09
Ross Stores, Inc. to Report Q2, 2025 Results on Aug 22, 2024 Ross Stores, Inc. announced that they will report Q2, 2025 results at 4:00 PM, US Eastern Standard Time on Aug 22, 2024 Aankondiging • Jul 03
Ross Stores, Inc.(NasdaqGS:ROST) dropped from Russell 1000 Dynamic Index Ross Stores, Inc.(NasdaqGS:ROST) dropped from Russell 1000 Dynamic Index Declared Dividend • May 27
First quarter dividend of US$0.37 announced Shareholders will receive a dividend of US$0.37. Ex-date: 11th June 2024 Payment date: 28th June 2024 Dividend yield will be 1.0%, which is lower than the industry average of 2.5%. Sustainability & Growth Dividend is well covered by both earnings (23% earnings payout ratio) and cash flows (28% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 29% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • May 24
First quarter 2025 earnings released: EPS: US$1.47 (vs US$1.10 in 1Q 2024) First quarter 2025 results: EPS: US$1.47 (up from US$1.10 in 1Q 2024). Revenue: US$4.86b (up 8.1% from 1Q 2024). Net income: US$488.0m (up 32% from 1Q 2024). Profit margin: 10.0% (up from 8.3% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Aankondiging • May 24
Ross Stores, Inc. Provides Earnings Guidance for the 13 Weeks Ending August 3, 2024 and 52 Weeks Ending February 1, 2025 Ross Stores, Inc. provided earnings guidance for the 13 weeks ending August 3, 2024 and 52 weeks ending February 1, 2025. For the 13 weeks ending August 3, 2024, comparable store sales are projected to increase 2% to 3% on top of a 5% gain in the second quarter of last year. Earnings per share for the second quarter are projected to be in the range of $1.43 to $1.49.Comparable store sales for the 52 weeks ending February 1, 2025 remain unchanged at up 2% to 3%, with earnings per share for the 2024 fiscal year now projected to be in the range of $5.79 to $5.98 versus $5.56 for the 53 weeks ended February 3, 2024. Aankondiging • May 23
Ross Stores, Inc. Announces Quarterly Dividend, Payable on June 28, 2024 Ross Stores, Inc. announced that the Company’s Board of Directors declared a regular quarterly cash dividend of $0.3675 per common share, payable on June 28, 2024 to stockholders of record as of June 11, 2024. Aankondiging • May 11
Ross Stores, Inc. to Report Q1, 2025 Results on May 23, 2024 Ross Stores, Inc. announced that they will report Q1, 2025 results at 4:00 PM, US Eastern Standard Time on May 23, 2024 Aankondiging • Apr 25
As You Sow Foundation Files an Exempt Solicitation Statement and Request Vote For its Proposal On April 24, 2024, As You Sow Foundation filed an exempt solicitation statement and urged the shareholders of Ross Stores, Inc to vote for its proposal requesting the Company measure and publicly disclose all material value chain GHG emissions at the Company’s annual general meeting of shareholders scheduled to be held on May 22, 2024. Recent Insider Transactions • Mar 30
Insider recently sold €1.4m worth of stock On the 27th of March, Brian Morrow sold around 11k shares on-market at roughly €135 per share. This transaction amounted to 15% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €18m more than they bought in the last 12 months. Declared Dividend • Mar 08
Fourth quarter dividend of US$0.37 announced Shareholders will receive a dividend of US$0.37. Ex-date: 14th March 2024 Payment date: 29th March 2024 Dividend yield will be 1.0%, which is lower than the industry average of 2.5%. Sustainability & Growth Dividend is well covered by both earnings (24% earnings payout ratio) and cash flows (28% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 30% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Mar 07
Full year 2024 earnings released: EPS: US$5.59 (vs US$4.40 in FY 2023) Full year 2024 results: EPS: US$5.59 (up from US$4.40 in FY 2023). Revenue: US$20.4b (up 9.0% from FY 2023). Net income: US$1.87b (up 24% from FY 2023). Profit margin: 9.2% (up from 8.1% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Aankondiging • Feb 21
Ross Stores, Inc. to Report Q4, 2024 Results on Mar 05, 2024 Ross Stores, Inc. announced that they will report Q4, 2024 results at 4:00 PM, US Eastern Standard Time on Mar 05, 2024 Aankondiging • Feb 01
Ross Stores, Inc. Announces Executive Changes Ross Stores, Inc. announced that Karen Fleming has been promoted to President and Chief Merchandising Officer, dd’s DISCOUNTS effective April 1, 2024. Ms. Fleming will report directly to Barbara Rentler, the Company’s Chief Executive Officer and be responsible for directing all aspects of merchandising at dd’s DISCOUNTS. Brian Morrow, current President and Chief Merchandising Officer of dd’s will transition to a consultant role upon Ms. Fleming’s promotion. Ms. Fleming, age 57, has most recently been serving as Group Executive Vice President, Merchandising - dd’s DISCOUNTS since September 2023. She joined the Company in 1999 as a Buyer, and then served as Vice President, Divisional Merchandise Manager from 2007 to 2013, Group Vice President, Divisional Merchandise Manager from 2013 to 2015, Senior Vice President, General Merchandise Manager from 2015 to 2018, and Group Senior Vice President, General Merchandise Manager from 2018 to 2022. Ms. Fleming transferred to the Company’s dd’s DISCOUNTS business in 2022, initially as Executive Vice President, Merchandising. Upcoming Dividend • Nov 27
Upcoming dividend of US$0.34 per share at 1.0% yield Eligible shareholders must have bought the stock before 04 December 2023. Payment date: 29 December 2023. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (2.8%). Reported Earnings • Nov 19
Third quarter 2024 earnings released: EPS: US$1.34 (vs US$1.00 in 3Q 2023) Third quarter 2024 results: EPS: US$1.34 (up from US$1.00 in 3Q 2023). Revenue: US$4.92b (up 7.9% from 3Q 2023). Net income: US$447.3m (up 31% from 3Q 2023). Profit margin: 9.1% (up from 7.5% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Aankondiging • Nov 03
Ross Stores, Inc. to Report Q3, 2024 Results on Nov 16, 2023 Ross Stores, Inc. announced that they will report Q3, 2024 results at 4:00 PM, US Eastern Standard Time on Nov 16, 2023 Aankondiging • Oct 12
Ross Stores, Inc. Appoints Stephen Brinkley as President, Operations, Effective October 30, 2023 Ross Stores, Inc. announced that Stephen Brinkley, 50, has been named to the newly-created position of President, Operations with an expected start date of October 30, 2023. In his new role, Mr. Brinkley will report to Michael Hartshorn, Group President and Chief Operating Officer. His responsibilities will include Property Development, Stores, and Supply Chain. The Company’s Finance, Human Resources, Legal, Marketing, Strategy, and Technology organizations will continue to report directly to Mr. Hartshorn. Most recently, Mr. Brinkley served as President of SportChek. Mr. Brinkley is a seasoned executive with more than 25 years of in-depth operational and general management experience, including roles at Save A Lot, Target, and Circuit City. Recent Insider Transactions • Oct 11
President & Chief Capability Officer recently sold €2.2m worth of stock On the 6th of October, Michael Kobayashi sold around 21k shares on-market at roughly €106 per share. This transaction amounted to 23% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €4.8m. Michael has been a net seller over the last 12 months, reducing personal holdings by €3.4m. Aankondiging • Sep 01
Ross Stores, Inc. Announces Board Changes, Effective September 1, 2023 Ross Stores, Inc. announced that its Board of Directors has approved the following changes to its Board leadership and composition effective September 1, 2023: George P. Orban will step down as Chairman of the Board while continuing to serve as an independent Director. Michael Balmuth, currently Strategic Advisor to the Company, will return to the Executive Chairman of the Board role. K. Gunnar Bjorklund will become Lead Independent Director. Recent Insider Transactions • Aug 28
Insider recently sold €2.9m worth of stock On the 23rd of August, Brian Morrow sold around 26k shares on-market at roughly €112 per share. This transaction amounted to 28% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €8.4m more than they bought in the last 12 months. Upcoming Dividend • Aug 25
Upcoming dividend of US$0.34 per share at 1.1% yield Eligible shareholders must have bought the stock before 01 September 2023. Payment date: 29 September 2023. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (2.8%). Aankondiging • Aug 18
Ross Stores, Inc. Provides Earnings Guidance for the Third Quarter, Fourth Quarter of 2023, 52 Weeks Ending January 27, 2024 and 53 Weeks Ending February 3, 2024 Ross Stores, Inc. provided earnings guidance for the third quarter, fourth quarter of 2023, 52 weeks ending January 27, 2024 and 53 weeks ending February 3, 2024. The company is planning comparable store sales for the third and fourth quarters of 2023 to be up 2% to 3% and up 1% to 2%, respectively. Earnings per share for the third quarter are projected to be $1.16 to $1.21 versus $1.00 last year and $1.58 to $1.64 for the fourth quarter, compared to $1.31 in 2022.Based on these assumptions, same store sales for the 52 weeks ending January 27, 2024 are forecast to be in the range of up 2% to 3%. Based on company's first half results and second half guidance, earnings per share for the 53 weeks ending February 3, 2024 are now planned to be in the range of $5.15 to $5.26 versus $4.38 last year. Reported Earnings • Aug 18
Second quarter 2024 earnings released: EPS: US$1.33 (vs US$1.12 in 2Q 2023) Second quarter 2024 results: EPS: US$1.33 (up from US$1.12 in 2Q 2023). Revenue: US$4.93b (up 7.7% from 2Q 2023). Net income: US$446.3m (up 16% from 2Q 2023). Profit margin: 9.0% (up from 8.4% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Aankondiging • Aug 17
Ross Stores, Inc. Declares Regular Quarterly Cash Dividend, Payable on September 29, 2023 Ross Stores, Inc. announced that the Company’s Board of Directors declared a regular quarterly cash dividend of $0.335 per common share, payable on September 29, 2023 to stockholders of record as of September 5, 2023. Aankondiging • Aug 04
Ross Stores, Inc. to Report Q2, 2024 Results on Aug 17, 2023 Ross Stores, Inc. announced that they will report Q2, 2024 results at 4:00 PM, US Eastern Standard Time on Aug 17, 2023 Recent Insider Transactions • May 31
Vice Chairman & CEO recently sold €2.9m worth of stock On the 25th of May, Barbara Rentler sold around 30k shares on-market at roughly €95.47 per share. This transaction amounted to 8.2% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Barbara's only on-market trade for the last 12 months. Upcoming Dividend • May 29
Upcoming dividend of US$0.34 per share at 1.3% yield Eligible shareholders must have bought the stock before 05 June 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (2.8%). Reported Earnings • May 19
First quarter 2024 earnings released: EPS: US$1.10 (vs US$0.97 in 1Q 2023) First quarter 2024 results: EPS: US$1.10 (up from US$0.97 in 1Q 2023). Revenue: US$4.49b (up 3.7% from 1Q 2023). Net income: US$371.2m (up 9.7% from 1Q 2023). Profit margin: 8.3% (up from 7.8% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Aankondiging • May 19
Ross Stores, Inc. Provides Earnings Guidance for the 13 Weeks Ending July 29, 2023, 52 Weeks Ending January 27, 2024 and 53 Weeks Ending February 3, 2024 Ross Stores, Inc. provided earnings guidance for the 13 weeks ending July 29, 2023, 52 weeks ending January 27, 2024 and 53 weeks ending February 3, 2024. For the 13 weeks ending July 29, 2023, comparable store sales are projected to be relatively flat. Earnings per share for this year’s second quarter are forecast to be $1.07 to $1.14 versus $1.11 for the same period last year.Based on first quarter results and guidance for the second quarter, comparable store sales for the 52 weeks ending January 27, 2024, are still planned to be relatively flat. The company now projects earnings per share for the 53 weeks ending February 3, 2024 to be $4.77 to $4.99 compared to $4.38 for the 52 weeks ended January 28, 2023. This guidance includes an estimated benefit to full year 2023 earnings per share of approximately $0.15 from the 53rd week. Aankondiging • May 18
Ross Stores, Inc. Declares Regular Quarterly Cash Dividend, Payable on June 30, 2023 Ross Stores, Inc. announced that the Company’s Board of Directors declared a regular quarterly cash dividend of $0.335 per common share, payable on June 30, 2023 to stockholders of record as of June 6, 2023. Aankondiging • May 05
Ross Stores, Inc. to Report Q1, 2024 Results on May 18, 2023 Ross Stores, Inc. announced that they will report Q1, 2024 results at 4:00 PM, US Eastern Standard Time on May 18, 2023 Recent Insider Transactions • Apr 11
President & Chief Capability Officer recently sold €1.2m worth of stock On the 6th of April, Michael Kobayashi sold around 12k shares on-market at roughly €97.07 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Michael's only on-market trade for the last 12 months. Recent Insider Transactions • Apr 06
Senior VP recently sold €318k worth of stock On the 31st of March, Jeffrey Burrill sold around 3k shares on-market at roughly €96.39 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €394k more than they bought in the last 12 months. Reported Earnings • Mar 01
Full year 2023 earnings released: EPS: US$4.40 (vs US$4.90 in FY 2022) Full year 2023 results: EPS: US$4.40 (down from US$4.90 in FY 2022). Revenue: US$18.7b (down 1.2% from FY 2022). Net income: US$1.51b (down 12% from FY 2022). Profit margin: 8.1% (down from 9.1% in FY 2022). Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Aankondiging • Feb 15
Ross Stores, Inc. to Report Q4, 2023 Results on Feb 28, 2023 Ross Stores, Inc. announced that they will report Q4, 2023 results at 4:00 PM, US Eastern Standard Time on Feb 28, 2023 Upcoming Dividend • Nov 28
Upcoming dividend of US$0.31 per share Eligible shareholders must have bought the stock before 05 December 2022. Payment date: 30 December 2022. Payout ratio is a comfortable 29% but the company is paying out more than the cash it is generating. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (4.0%). Valuation Update With 7 Day Price Move • Nov 24
Investor sentiment improved over the past week After last week's 20% share price gain to €111, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 11x in the Specialty Retail industry in Europe. Total returns to shareholders of 8.7% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €160 per share. Reported Earnings • Nov 19
Third quarter 2023 earnings released: EPS: US$1.00 (vs US$1.10 in 3Q 2022) Third quarter 2023 results: EPS: US$1.00 (down from US$1.10 in 3Q 2022). Revenue: US$4.57b (flat on 3Q 2022). Net income: US$342.0m (down 11% from 3Q 2022). Profit margin: 7.5% (down from 8.4% in 3Q 2022). Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Outside Director Edward Cannizzaro was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Nov 02
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Director Edward Cannizzaro was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Jun 11
Independent Director recently sold €76k worth of stock On the 8th of June, Michael Bush sold around 1k shares on-market at roughly €75.86 per share. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Upcoming Dividend • May 30
Upcoming dividend of US$0.31 per share Eligible shareholders must have bought the stock before 06 June 2022. Payment date: 30 June 2022. Payout ratio is a comfortable 26% but the company is paying out more than the cash it is generating. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (4.3%). Lower than average of industry peers (2.9%). Valuation Update With 7 Day Price Move • May 26
Investor sentiment deteriorated over the past week After last week's 18% share price decline to €72.34, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 10x in the Specialty Retail industry in Europe. Total loss to shareholders of 8.4% over the past three years. Reported Earnings • May 21
First quarter 2023 earnings released: EPS: US$0.97 (vs US$1.35 in 1Q 2022) First quarter 2023 results: EPS: US$0.97 (down from US$1.35 in 1Q 2022). Revenue: US$4.33b (down 4.1% from 1Q 2022). Net income: US$338.4m (down 29% from 1Q 2022). Profit margin: 7.8% (down from 11% in 1Q 2022). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to grow 3.0%, compared to a 9.8% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has fallen by 6% per year. Upcoming Dividend • Mar 07
Upcoming dividend of US$0.31 per share Eligible shareholders must have bought the stock before 14 March 2022. Payment date: 31 March 2022. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (3.5%). Lower than average of industry peers (2.6%). Reported Earnings • Mar 03
Full year 2022 earnings: Revenues and EPS in line with analyst expectations Full year 2022 results: EPS: US$4.90 (up from US$0.24 in FY 2021). Revenue: US$18.9b (up 51% from FY 2021). Net income: US$1.72b (up US$1.64b from FY 2021). Profit margin: 9.1% (up from 0.7% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 5.2%, compared to a 18% growth forecast for the retail industry in Germany. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Upcoming Dividend • Nov 29
Upcoming dividend of US$0.28 per share Eligible shareholders must have bought the stock before 06 December 2021. Payment date: 31 December 2021. Trailing yield: 1.0%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (2.5%). Reported Earnings • Nov 19
Third quarter 2022 earnings released: EPS US$1.10 (vs US$0.37 in 3Q 2021) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2022 results: Revenue: US$4.57b (up 22% from 3Q 2021). Net income: US$385.0m (up 194% from 3Q 2021). Profit margin: 8.4% (up from 3.5% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Upcoming Dividend • Aug 27
Upcoming dividend of US$0.28 per share Eligible shareholders must have bought the stock before 03 September 2021. Payment date: 30 September 2021. Trailing yield: 1.0%. Lower than top quartile of German dividend payers (3.1%). Lower than average of industry peers (2.3%). Reported Earnings • Aug 20
Second quarter 2022 earnings released: EPS US$1.39 (vs US$0.063 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: US$4.80b (up 79% from 2Q 2021). Net income: US$494.3m (up US$472.2m from 2Q 2021). Profit margin: 10% (up from 0.8% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Executive Departure • Jul 15
Executive VP & CFO Travis Marquette has left the company On the 14th of July, Travis Marquette's tenure as Executive VP & CFO ended after 1.9 years in the role. As of March 2021, Travis still personally held 71.17k shares (€7.3m worth at the time). Travis is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 5.58 years. 
