Ross Stores Inc
Burlington Stores Stock Has Risen 89%: Analysts See More Upside
Burlington Stores (BURL) stock has risen by 88.5% to $81.46 YTD. It rose 3.1% on August 25, 2016, the day the company announced its fiscal 2Q16 results.
Why Burlington Stores’ Returns Have Exceeded Peers’
As of May 27, Burlington Stores (BURL) has delivered a total shareholder return of 42.2% year-to-date.
Why TJX Companies Might Post Tepid Earnings Growth in 2Q16
TJX Companies (TJX) will announce its results for the second quarter of fiscal 2016 on August 18. The second quarter ended on August 1, 2015.
Why TJX Companies Commands a Higher Valuation than Its Peers Do
As of August 24, TJX Companies stock was trading at $69.43, a rise of 2.2% since the start of 2015. The company’s stock price rose 7.2% on August 18, the day it announced its 2Q16 results.
What Do Analysts Expect from Ross Stores’ Fiscal 1Q16 Earnings?
Off-price retailer Ross Stores (ROST) is scheduled to announce its results for fiscal 1Q16 on May 19. In fiscal 4Q15, Ross Stores’ adjusted EPS increased by 10% to $0.66.
TJX Companies’ Stock Reaction and Dividend Announcement after 4Q16 Results
Strong results for the fourth quarter of fiscal 2016 boosted TJX Companies’ stock by 2.1% to $74.24 on February 24, the day it released its 4Q16 earnings.
What Drove Burlington Stores’ Higher Margins in 1Q16?
Burlington Stores (BURL) reported strong results in 1Q16, which ended on April 30, 2016, backed by the strength of its off-price business model.
What Went Wrong with Macy’s 1Q15 Operating Margins?
Macy’s (M) operating margins declined to 6.6% in 1Q15—ending May 2, 2015—from 7.1% in the same quarter last year. The operating income declined by 7.7%.
Gap Falls 37.6% in 2015
Gap (GPS) has fallen 37.6% YTD (year-to-date) as of December 29, 2015. Its peers Ross Stores (ROST) and L Brands (LB) have risen 17.7% and 18.2%, respectively.
How Burlington Stores Is Gearing Up for Further Growth
Burlington Stores (BURL) posted strong results in 1Q16, which ended on April 30, 2016.
Ross Stores’ Fiscal 2Q17 Sales Surpass Expectations
Sales beat estimates Off-price retailer Ross Stores (ROST) generated sales of $3.43 billion in fiscal 2Q17, which ended July 29, 2017. The company’s fiscal 2Q17 sales exceeded analysts’ estimate of $3.37 billion, marking the fifth consecutive quarter in which it has done so. Strong sales growth Ross Stores’ sales grew 7.9% YoY (year-over-year) in fiscal […]
Can Ross Stores Generate Strong Sales Growth in Fiscal 2018?
Ross Stores (ROST) has generated same-store sales growth for 37 consecutive quarters.
Do L Brands’ Fundamentals Justify Its Valuation versus Its Peers?
In the recent fiscal year, L Brands’ (LB) revenue grew at a rate of 6.32% on a YoY basis. In contrast, the CAGR has been 4.50% over the last four years.
Nordstrom Raises Its Outlook Following Strong 2Q15 Results
Nordstrom (JWN) raised its outlook for fiscal 2015, which ends January 30, 2016, backed by strong sales growth in the first half of 2015.
Which Off-Price Retailer is Delivering Better Margins?
Off-price retailers TJX Companies, Ross Stores, and Burlington Stores have low-cost operating models, in contrast to department stores.
When Will Gap Stock Bottom Out?
Gap (GPS) stock has declined by ̴~17.0% over the last three years as of February 26, 2016.
Continuing Claims Decrease, but Only Marginally
Continuing claims numbers stood at 2,257,000 for the week ended August 22, which were lower than the 2,266,000 figure the previous week and a decrease of 0.4%.
Stock Price: Ross Stores Outperforms Off-Price Retailer Peers
On a year-to-date basis, Ross Stores’ stock price has appreciated more than that of other off-price retailers.
Burlington Stores Stock Soars on Impressive First-Quarter Earnings
Burlington Stores stock was up 8.4% as of 11:15 AM EST today in reaction to better-than-expected results for the first quarter, which ended on May 5.
Why Burlington Stores’ Stock Rose on Earnings and a New Outlook
Following its strong results in 1Q16, Burlington Stores raised its full-year guidance for fiscal 2016.
Can TJX Companies Sustain Its Earnings Growth after Fiscal 2Q17?
Following the strong results in fiscal 2Q17, TJX Companies raised its earnings outlook for fiscal 2017. TJX expects its fiscal 2017 EPS to be in the $3.39–$3.43 range.
Key Drivers Behind Burlington Stores’ 2Q16 Margin Expansion
Burlington Stores’ gross margin, based on total revenue, improved by about 40 basis points to 39.9% in 2Q16 due to higher initial markup.
Macy’s Backstage: Off-Price Stores to Debut in Fall of 2015
On May 5, 2015, Macy’s (M) announced that it will enter the off-price business through four pilot stores in New York City.
Which Off-Price Retailer Is Operating at the Highest Margins?
Major off-price retailers have strong margins supported by lean operating models, efficient inventory management, and strong vendor relationships.
TJX Companies’ Fiscal 1Q17 Sales Defy Retail Uncertainty
TJX Companies (TJX) delivered sales of $7.5 billion in the first quarter of fiscal 2017, which ended on April 30, 2016.
Comparing Major Off-Price Retailers’ Valuations
Despite more and more companies such as Macy’s (M) entering the off-price space, the position of pure-play off-price retailers is likely to remain strong.
TJX Companies: Pricing Strategy Benefits US Sales in 2Q16
In the first six months of fiscal 2016, HomeGoods accounted for 12.2% of the consolidated net sales of TJX Companies. That’s up from 11.2% in the comparable period of the previous year.
What Impacted Burlington Stores’ 4Q15 Gross Margin?
Burlington Stores (BURL) reported a gross margin (including other revenue) of 41.3% in 4Q15 ended January 30, 2016, down from 42.6% in 4Q14.
TJX Companies’ Outlook: Wage and Currency Headwinds Ahead?
TJX Companies issued a cautious outlook for fiscal 2017, which ends January 28, 2017. It expects its overall same-store sales to rise by 1%–2%.
How TJX Companies Stock Reacted to Its 3Q17 Results
TJX Companies’ (TJX) stock price fell ~1.0% on November 15 despite strong results announced by the company for fiscal 3Q17.
Store Expansion: Ross Stores Spreads into New Territories
Ross Stores has continued its expansion over the years, opening 95, 88, and 82 new stores in fiscal 2014, 2013, and 2012, respectively.
The TJX Companies: Benefiting from International Presence?
The TJX Companies’ acquisition of Trade Secret marks the company’s presence in its eighth country and third continent.
Ross Stores or Burlington Stores: Which Looks Better in 2019?
Ross Stores and Burlington Stores stocks have risen 8.9% and 1.2%, respectively, on a year-to-date basis as of January 14.
Why Ross Stores Isn’t Keen on E-Commerce Growth
Ross Stores, which falls in the moderate off-price space, does not seem to be keen on expanding its e-commerce business and does not have an online store.
3Q Earnings: TJX Companies Beats Estimates for 8 Quarters
TJX Companies’ adjusted EPS (earnings per share) of $0.91 in fiscal 3Q17 beat analysts’ consensus estimate of $0.87. It beat estimates for eight quarters.
Nordstrom’s Stock Underperformed Other Off-Price Retailers
As of November 4, Nordstrom’s stock price has fallen by 11.3% to $66.42 since the announcement of the company’s 2Q15 results on August 13.
TJX Companies’ HomeGoods Segment Impressed in Fiscal 3Q16
TJX Companies’ HomeGoods segment reported strong same-store sales growth of 6%. The segment’s net sales grew by 12.8% to $959.8 million in 3Q16.
Burlington Stores Enhances Women’s Apparel, Home, Beauty Assortments
Burlington Stores puts a high emphasis on certain merchandise categories like ladies apparel, home and bath, cosmetics, and fragrances.
Ross Stores Boasts Lower Debt Level Compared to Its Peers
As at the end of fiscal 2014 ended January 31, 2015, Ross Stores had a total debt level of $398.4 million, compared to $150 million in fiscal 2013.
Ross Stores Exercises Tight Expense Control to Improve Margins
In fiscal 2014, Ross Stores’ gross margin rose to 28.1% from 28.0% in the previous year. Its operating margin rose to 13.5% in fiscal 2014 from 13.1%.
Will TJX Companies’ 3Q16 Earnings Boost the Price of Its Stock?
As of November 9, 2015, TJX stock has fallen 7.4% since the announcement of its 2Q16 results on August 18. TJX stock has risen 4.6% to $71.07 per share since the start of the year.
Why Is Nordstrom Selling Its Profitable Credit Card Portfolio?
Running a credit card division locks up some of a retailer’s capital and resources. Nordstrom’s credit card portfolio sale will let it focus on its core retail business.
How Ross Stores Made Its Mark in Off-Price Retailing
Ross Stores, a major player in the US off-price retail space, sells apparel, accessories, footwear, and home fashions at 20–60% discounts.
Employment Cost Index Up 0.7% in First Quarter
The employment cost index increased by 0.7% for the first quarter of 2015 on a seasonally adjusted basis. This was higher than economists’ consensus expectation of 0.6%.
Why TJX is Trading at a Higher Valuation than Off-Price Peers?
As of March 24, 2016, TJX Companies was trading at a 12-month forward PE ratio of 22.3x—higher than other off-price retailers in its peer group.
Can Ross Stores’ Fiscal 1Q16 Results Give Its Stock Momentum?
As of May 12, Ross Stores’ (ROST) stock price has risen by 1.3% to $55.09 on a YTD (year-to-date) basis.
Nordstrom’s Higher Valuations in 2015 Show Potential for Growth
As of May 11, Nordstrom was trading at higher valuations compared to most of its peers in the department store and off-price retail categories.
Can Ross Stores’ Bargain Deals Boost Its Fiscal 1Q16 Sales?
Ross Stores’ sales came in ahead of analysts’ expectations in all four quarters of fiscal 2015. In fiscal 4Q15, the company’s sales increased by 7.2% on a year-over-year basis.
How TJX Companies and Ross Stores Fared in Q1
On May 21, TJX Companies (NYSE:TJX) reported weaker-than-expected results for the first quarter of fiscal 2021. COVID-19 impacted the results.
Why Ross Stores Saw Margin Contraction despite Strong Sales
The gross and operating margins of Ross Stores (ROST) fell in fiscal 4Q15 ended January 30, 2016, despite the company’s strong sales performance.
Macy’s Reveals Expansion Plans for Off-Price Backstage Stores
Macy’s entered the off-price retail space in September 2015 with the launch of three of its pilot Macy’s Backstage off-price stores.
How Does TJX Companies Compare to Its Peers on Valuation?
As of May 18, TJX Companies (TJX) is trading at a 12-month forward PE (price-to-earnings) ratio of 21.0x.
Gauging Off-Price Retailers’ Valuations Today
As of June 26, TJX Companies, Ross Stores, and Burlington Stores were trading at 12-month forward PE ratios of 17.7x, 17.5x, and 21.7x, respectively.
Will Nordstrom’s Rack Stores Continue to Be a Key Growth Driver?
In 2Q15, Nordstrom Rack store sales increased by 12.9% to $857 million from the comparable quarter of the previous year.
An Insight into the Store Growth Plans of Off-Price Retailers
The consistent performance of off-price retailers such as TJX Companies (TJX) has been attracting more and more competitors to the off-price space.
Ross Stores’ Q1 Gross Margin Rose, but Its Operating Margin Fell
Ross Stores (ROST) expects its fiscal second-quarter operating margin to reach 13.3%–13.5%, down from 14.9% in the fiscal second quarter of 2017.
Ross Stores: Weak Outlook Emphasized over Strong Q1 Results
Off-price retailer Ross Stores (ROST) stock fell 6.8% on May 25, as investors were displeased with its lower-than-expected earnings outlook.
Here’s How Burlington Stores Is Currently Valued
Burlington Stores’ (BURL) 12-month forward PE multiple has declined 8.3% since the announcement of its fiscal Q2 2018 results.
A Look at the Consumer Sector’s Earnings
The Illinois-based beauty retailer Ulta Beauty (ULTA) plans to announce its 4Q17 earnings results on March 15.
Gap and Its Struggle with Performance
Gap (GPS) is expected to release its fiscal 3Q15 earnings on November 19, 2015. Wall Street expects Gap’s adjusted EPS to be around $0.63, a decrease of 15.2% from 3Q14.
What Drove Ross Stores’ Margin Expansion in Fiscal 2Q17
Wider gross margin Ross Stores’ (ROST) gross and operating margins expanded in fiscal 2Q17, which ended July 29, 2017. The company’s gross margin expanded ~25 basis points to 29.5% in fiscal 2Q17. The company’s gross margin expansion was driven by a wider merchandise margin, and lower occupancy costs and distribution expenses. However, a rise in […]
Can TJX Companies Continue Its Sales Growth Streak in Fiscal 4Q16?
TJX Companies’ sales in 3Q16 came in at $7.8 billion, ahead of the consensus Wall Street sales estimate of $7.7 billion.
Nordstrom Trading at Higher Valuation than Department Store Peers
Nordstrom is currently trading at a higher valuation than its department store peers Macy’s (M) and Kohl’s (KSS)
Continuing Claims Increase, but There’s a Decreasing Trend YTD
Continuing claims numbers were released with the Initial Jobless Claims report on November 5. The number was 2,163,000 for the week ended October 24, an increase of 0.8% from the previous week.
TJX Companies’ 1Q18 Sales Lagged Analysts’ Estimates
Off-price retailer TJX Companies (TJX) disappointed investors when it missed analysts’ sales estimates for fiscal 1Q18, which ended on April 29, 2017.
TJX Posts Strong Q4 Earnings, Dividend Hike
TJX Companies stock touched a new 52-week high of $64.95 on Wednesday. The company declared strong fourth-quarter results and a dividend hike.
Will Burlington Stores Get Stronger in 2020?
Burlington Stores (BURL) beat analysts’ earnings expectations in the first three quarters of fiscal 2019. Here’s what to expect in 2020.
Could Kohl’s Stock Continue to Fall?
Kohl’s stock has dropped 24.9% so far this year. Its peers Macy’s and Nordstrom have declined 47.5% and 16.6%, respectively, YTD.
TJX Companies and Ross Stores Finish the Year Strong
Off-price retailers emerged as consistent performers in the retail space. The stock of Ross Stores (ROST) and TJX Companies (TJX) surged 38.8% and 34.9%
How Does Target’s Historical Sales Growth Compare to Its Peers’?
Target opened 15 new stores in fiscal 2016. Its same-store sales rose 2.1%, with customer traffic at stores up 1.3%.
TJX Companies’ Q3 Earnings Impress Investors
TJX Companies (TJX) reported better-than-expected earnings results for the third quarter of fiscal 2020, which ended on November 2.
Can TJX Once Again Impress with Its Q3 Earnings?
TJX Companies (TJX) is scheduled to announce its fiscal 2020 third-quarter earnings results on November 19. Its third quarter ended on November 2.
An Overview of the S&P 500 Retailers
US retail sales grew by 3.5% in the first half of 2019. The retail sector of the S&P 500 Index includes 29 stocks representing a broad variety of retailers.
Why Goldman Sachs Downgraded Ross Stores Stock
Ross Stores (ROST) stock fell 2.1% as of 3:41 PM ET today as Goldman Sachs downgraded the off-price retailer to “sell” from “neutral.”
Comparing TJX Companies’ and Ross Stores’ Valuations
TJX Companies’ (TJX) 12-month forward PE multiple of 19.5x was lower than Ross Stores’ (ROST) forward PE of 21.3x on June 11.
Ross Stores Stock: Do Analysts See Further Upside?
Ross Stores (ROST) stock fell 1.8% on May 24 as the company announced lower-than-expected earnings guidance for the second quarter of fiscal 2019.
TJX Companies or Ross Stores: Whose Sales Outlook Looks Better?
Ross Stores’ sales grew 5.8% to $3.80 billion against analysts’ estimate of $3.79 billion in the first quarter of fiscal 2019.
Ross Stores Stock Falls on Lower-than-Expected Q2 Guidance
Off-price retailer Ross Stores (ROST) reported its results for the first quarter of fiscal 2019 after the financial markets closed on May 23.
How Analysts Rate Ross Stores Stock in 2019
The majority of analysts covering Ross Stores stock have a “buy” rating.
TJX Companies and Ross Stores: Assessing Store Growth Plans
While several retailers and department stores are closing down stores amid intense competition from online retailers, off-price retailers TJX Companies and Ross Stores (ROST) see a tremendous opportunity to grow their store base.
TJX Companies or Ross Stores: Whose Margins Look Better?
Margins of both TJX Companies (TJX) and Ross Stores (ROST) have been under pressure due to higher freight costs and wages.
What to Expect from TJX and Ross’s Sales Growth
TJX Companies’ (TJX) sales grew 8.7% to $39 billion in fiscal 2019.
TJX or Ross: Which Retailer Is Positioned Better?
Both TJX Companies and Ross Stores have delivered higher YTD returns than the 18.0% YTD total returns of the S&P 500 Index.
What Does Burlington Stores’ Updated Q1 Sales Outlook Indicate?
Burlington Stores announced its CEO succession plan and its updated outlook for the first quarter of fiscal 2019 after the markets closed on April 23.
Burlington Stores Stock Soared in Reaction to CEO Succession Plan
Burlington Stores stock surged 9.1% on April 24 in reaction to the CEO succession plan it announced after the markets closed on April 23.
Will TJX Companies Stock Rise Further on Q4 Results?
TJX Companies (TJX) currently has a “buy” recommendation from the majority of the analysts following the off-price retailer’s stock.
Comparing Ross Stores and Burlington Stores’ Valuation
As of January 14, Ross Stores (ROST) and Burlington Stores (BURL) were trading at 12-month forward PE ratios of 20.2x and 23.5x, respectively.
Ross Stores and Burlington Stores’ Performance in 2018
Burlington Stores’ (BURL) adjusted earnings exceeded analysts’ expectations in each of the first three quarters of fiscal 2018.
Ross Stores Stock: Analysts’ Recommendations
Currently, most of the analysts covering off-price retailer Ross Stores (ROST) have a “buy” recommendation.
Ross Stores or Burlington Stores: Which Has Better Margins?
In the first nine months of fiscal 2018, Burlington Stores (BURL) generated a higher gross margin compared to Ross Stores (ROST).
Analyzing Ross Stores and Burlington Stores’ Sales Growth
Burlington Stores (BURL) has outperformed Ross Stores (ROST) regarding the sales growth in the first nine months of fiscal 2018.
TJX Companies: How the Off-Price Retailer’s Stock Fared in 2018
TJX Companies (TJX) has been delivering consistent sales growth even in a challenging retail market.
Will Burlington Stores Deliver Strong Sales Growth in Q3?
Burlington Stores (BURL) is slated to announce its results for the third quarter of fiscal 2018 on November 28. Here’s what you can expect.
How Analysts Reacted to TJX’s and Ross Stores’ Q3 Results
TJX Companies and Ross Stores fell 4.4% and 9.4%, respectively, on November 20, the day they announced their earnings results.
Will TJX Companies’ Growth Story Continue in the Third Quarter?
TJX Companies (TJX) stock has risen by an impressive 40.6% on a YTD basis as of November 13.
Burlington Stores: How It Plans to Boost Sales
Burlington Stores (BURL) has had same-store sales growth for 22 consecutive quarters, which reflects the strength of its off-price business model.
Will TJX Companies Stock Benefit from Fiscal Q2 Results?
TJX Companies (TJX) plans to declare its results for fiscal Q2 2019 on August 21.
How Ross Stores’ Valuations Compare to Peers
As of July 31, Ross Stores (ROST) was trading at a 12-month forward PE (price-to-earnings) ratio of 21.0x.
How TJX Stock Looks after Recent Analyst Activity
TJX Companies (TJX) stock has risen 12.6% since the company announced its results for the first quarter of fiscal 2019 in May.
Here’s What Drove Burlington Stores’ Sales Growth in Fiscal 4Q17
Burlington Stores (BURL) generated net sales of $1.94 billion in fiscal 4Q17, which exceeded analysts’ consensus sales estimate of $1.89 billion.