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Can Ross Stores' (ROST) Merchandising Strategies Aid the Stock? [Yahoo! Finance]
Last ross stores, inc. earnings: 3/3 04:01 pm
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US:NASDAQ Investor Relations: investors.rossstores.com
This strategic adaptation has led to an increase in comparable store sales, indicating robust consumer demand and effective merchandise offerings. In the first quarter of 2024, comps improved 3%, mostly attributable to higher customer traffic. This led to a sales improvement of 8% year over year. The company surpassed the Zacks Consensus Estimate for both the top and bottom lines. Also, earnings and revenues recorded year-over-year improvement. This robust performance was attributed to customer's favorable response to quality and branded bargains, resulting in impressive earnings growth. Ross Stores is a prominent player in the off-price retail sector, with a robust business model that appeals to value-conscious men and women aged 25 to 54 in middle-to-upper-middle-class households. By offering competitive bargains, the company attracts customers in various economic climates, ensuring a steady flow of traffic to its stores. Let's Delve Deeper Ross Stores' off-price business
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NEWS
- Why Ross Stores (ROST) is a Top Value Stock for the Long-Term [Yahoo! Finance][Yahoo! Finance]
- Ross Stores, Inc. (NASDAQ: ROST) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.[MarketBeat]
- Ross Stores (ROST) Ascends While Market Falls: Some Facts to Note [Yahoo! Finance][Yahoo! Finance]
- 6 Discount Retailers To Invest In for 2024 [Yahoo! Finance][Yahoo! Finance]
- Americans could be on a tight budget this summer [CNN][CNN]
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ROST
SEC Filings
SEC Filings
- 6/12/24 - Form 10-Q
- 6/5/24 - Form 4
- 6/4/24 - Form 4
- ROST's page on the SEC website
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