Ross Stores Inc

Latest Ross Stores Inc News and Updates

  • uploads///TJX Q Earnings Preview
    Earnings Report

    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.

    By Sirisha Bhogaraju
  • uploads///Margins
    Earnings Report

    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%.

    By Sirisha Bhogaraju
  • uploads///JWN Outlook
    Earnings Report

    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.

    By Sirisha Bhogaraju
  • uploads///Stock price movement
    Macroeconomic Analysis

    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.

    By Sirisha Bhogaraju
  • uploads///fashion _
    Consumer

    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.

    By Sirisha Bhogaraju
  • uploads///TJX EPS Q
    Company & Industry Overviews

    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.

    By Sirisha Bhogaraju
  • uploads///samestore
    Earnings Report

    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.

    By Sirisha Bhogaraju
  • uploads///Margins
    Company & Industry Overviews

    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.

    By Sirisha Bhogaraju
  • uploads///TJX US segment sales
    Earnings Report

    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.

    By Sirisha Bhogaraju
  • uploads///TJX chart
    Miscellaneous

    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.

    By Sirisha Bhogaraju
  • uploads///hanger _
    Consumer

    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.

    By Sirisha Bhogaraju
  • uploads///Rost e commerce sales
    Company & Industry Overviews

    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.

    By Sirisha Bhogaraju
  • uploads///TJX US Sales chart
    Earnings Report

    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.

    By Sirisha Bhogaraju
  • uploads///Nordstrom credit card revenue
    Company & Industry Overviews

    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.

    By Sirisha Bhogaraju
  • uploads///ROST market cap
    Company & Industry Overviews

    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.

    By Sirisha Bhogaraju
  • uploads///off price valuation
    Miscellaneous

    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.

    By Sirisha Bhogaraju
  • uploads///valuation
    Earnings Report

    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.

    By Sirisha Bhogaraju
  • uploads///TJX Companies
    Consumer

    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.

    By Sirisha Bhogaraju
  • uploads///Backstage
    Earnings Report

    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.

    By Sirisha Bhogaraju
  • uploads///Nordstrom rack store count
    Earnings Report

    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.

    By Sirisha Bhogaraju
  • uploads///PRE EARNINGS ULTA
    Company & Industry Overviews

    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.

    By Sushree Mohanty
  • uploads///valuation
    Company & Industry Overviews

    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)

    By Sirisha Bhogaraju
  • uploads///TJX
    Consumer

    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.

    By Sirisha Bhogaraju
  • uploads///Burlington Stores
    Consumer

    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.

    By Sirisha Bhogaraju
  • uploads///Kohls
    Consumer

    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.

    By Shreerag Menon
  • uploads///TJX Companies
    Consumer

    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%

    By Shreerag Menon
  • uploads///Part
    Company & Industry Overviews

    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%.

    By Phalguni Soni
  • uploads///TJX Companies
    Consumer

    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.

    By Sirisha Bhogaraju
  • uploads///TJX Companies
    Consumer

    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.

    By Sirisha Bhogaraju
  • uploads///ROST ANR
    Consumer

    How Analysts Rate Ross Stores Stock in 2019

    The majority of analysts covering Ross Stores stock have a “buy” rating.

    By Sirisha Bhogaraju
  • uploads///TJX Stores
    Consumer

    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.

    By Sirisha Bhogaraju
  • uploads///TJXROST Margins
    Consumer

    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.

    By Sirisha Bhogaraju
  • Consumer

    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.

    By Sirisha Bhogaraju
  • uploads///clothing _
    Consumer

    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.

    By Sirisha Bhogaraju
  • uploads///store _
    Consumer

    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.

    By Sirisha Bhogaraju
  • uploads///shopping _
    Consumer

    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.

    By Sirisha Bhogaraju
  • uploads///BURL Sales
    Consumer

    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.

    By Sirisha Bhogaraju
  • uploads///ROST Valuation
    Consumer

    Where Does Ross Stores’ Valuation Stand after Fiscal 4Q17?

    On March 8, 2018, Ross Stores (ROST) was trading at a 12-month forward PE (price-to-earnings) multiple of 18.4x.

    By Sirisha Bhogaraju
  • uploads///ROST ANR
    Consumer

    Analysts Revise Ross Stores’ Stock Price Target after Fiscal 4Q17

    On March 8, 2018, Ross Stores (ROST) stock was rated a “buy” by 17 out of the 23 analysts covering the stock (74%).

    By Sirisha Bhogaraju
  • uploads///
    Company & Industry Overviews

    Appetite for Blockchain Could Transform Overstock

    Overstock had a cash balance of $92.3 million at the end of 3Q17, compared with $24.3 billion for Amazon and $6.0 billion for eBay (EBAY).

    By Ruchi Gupta
  • uploads///BURL Store footprint
    Company & Industry Overviews

    Burlington Stores’ Growth Strategies

    Burlington Stores (BURL) is taking several initiatives to deliver continued strong sales growth rates in a challenging market.

    By Sirisha Bhogaraju
  • uploads///Margins
    Company & Industry Overviews

    Looking at Off-Price Retailers’ Margins in Fiscal 2017

    In fiscal 2016, Ross Stores’s gross margin increased 50 basis points to 28.7%.

    By Sirisha Bhogaraju
  • uploads///Sales off price
    Company & Industry Overviews

    Off-Price Retailers Look to Outperform Department Stores in 2017

    Despite a rough retail environment, off-price retailers TJX Companies (TJX), Ross Stores (ROST), and Burlington Stores (BURL) have been delivering strong sales growth. In this series, we’ll compare their margins, stock price movements, and analyst recommendations.

    By Sirisha Bhogaraju
  • Company & Industry Overviews

    Why is the Vanguard Morgan Growth Fund Having a Patchy YTD 2016?

    Tech stocks have been beneficial to VMRGX, and its high exposure to consumer discretionary stocks may be helpful if consumer spending gets a boost.

    By David Ashworth
  • uploads///TJX International segments
    Company & Industry Overviews

    Did the Brexit Vote Impact TJX’s International Sales in Fiscal 2Q17?

    TJX Companies anticipates its TJX Canada segment to deliver same-store sales growth of 7%–8% in fiscal 2017 and sales of $3.1 billion–$3.2 billion.

    By Sirisha Bhogaraju
  • uploads///TJX Margins
    Consumer

    Why TJX Companies’ 2Q Margins Could Be Under Pressure

    TJX Companies’ (TJX) gross margin in fiscal 1Q17 rose by 50 basis points on a year-over-year basis to 28.8%.

    By Sirisha Bhogaraju
  • uploads///JWN Rack stores
    Consumer

    Could Nordstrom’s Rack Stores Have Saved the Day in Q2?

    Aside from operating full-line upscale stores, Nordstrom also conducts off-price business through its Nordstrom Rack stores and off-price digital channels.

    By Sirisha Bhogaraju
  • uploads///Off price store count
    Company & Industry Overviews

    Inside the Store Expansion Plans of Off-Price Retailers in 2016

    By the end of fiscal 2015, TJX Companies had 2,697 off-price stores in the US under the names T. J. Maxx, Marshalls, HomeGoods, and Sierra Trading Post.

    By Sirisha Bhogaraju
  • uploads///off price inventory turnover ratio
    Company & Industry Overviews

    Why Off-Price Retailers Are Managing Inventory Better than Department Stores

    Efficient inventory management is one of the key attributes of off-price retailers like TJX Companies (TJX) and Ross Stores (ROST).

    By Sirisha Bhogaraju
  • uploads///off price margins
    Company & Industry Overviews

    Which Off-Price Retailer Has Higher Profitability in 2016?

    The lean business models and low-cost structures of off-price retailers TJX Companies and Ross Stores have helped them sustain high operating margins.

    By Sirisha Bhogaraju
  • uploads///Vanguard  Index Fund Investor Class VFINX
    Company & Industry Overviews

    What Jeffrey Sherman of DoubleLine Thinks about High Yield Market

    Jeffrey Sherman was of the opinion that despite a rebound in equity markets, high yield investors may suffer due to volatility in the energy sector.

    By Lynn Noah
  • uploads///TJX pie chart
    Earnings Report

    TJX Companies’ US Business in Fiscal 4Q16

    The US business of TJX Companies consists of 1,156 T.J. Maxx stores, 1,007 Marshalls stores, 526 HomeGoods stores, and eight Sierra Trading Post stores.

    By Sirisha Bhogaraju
  • uploads///BURL no
    Company & Industry Overviews

    Why Smaller Stores Provide a Better Growth Option for Burlington Stores

    Burlington has been focusing on opening smaller stores. The average size of the new stores opened in 2013 and 2014 was a little over 60,000 square feet.

    By Sirisha Bhogaraju
  • uploads///Porters five forces
    Company & Industry Overviews

    Burlington Stores’ Market Positioning in 2015 and Beyond

    Burlington Stores targets the value-conscious, middle-class consumer. The number of customers making purchases at the company’s stores is large.

    By Sirisha Bhogaraju
  • uploads///e commerce
    Company & Industry Overviews

    Burlington Looks forward to Strong E-Commerce Growth

    Burlington Stores launched its e-commerce website in 1999, making it the first off-price retailer to have an online presence.

    By Sirisha Bhogaraju
  • uploads///same store sales
    Company & Industry Overviews

    Can Nordstrom’s Rack Business Get Its Mojo Back?

    Nordstrom (JWN) has aggressively expanded into the off-price space through its Nordstrom Rack stores.

    By Sirisha Bhogaraju
  • uploads///BURL same store sales growth
    Company & Industry Overviews

    Burlington Stores’ Core Strategic Priorities for Future Growth

    In fiscal 2014, which for Burlington ended January 31, 2015, the company reported same-store sales growth of 4.9%, compared to 4.7% in fiscal 2013.

    By Sirisha Bhogaraju
  • uploads///BURL Chart  merchandise categories
    Company & Industry Overviews

    Understanding Burlington Stores’ Key Product Categories

    Burlington Stores derives its revenue from the sale of value-priced apparel, coats, and family footwear, baby furniture, accessories, home décor, and gifts.

    By Sirisha Bhogaraju
  • uploads///business model chart
    Company & Industry Overviews

    An Inside Out Look at Burlington’s Business Model

    Burlington follows an EDLP model, which helps customers get up to 60–70% savings off prices of similar merchandise in department and specialty stores.

    By Sirisha Bhogaraju
  • uploads///Sales Trend chart
    Company & Industry Overviews

    Burlington’s Small but Significant Presence in US Off-Price Retail

    In 2016, the US off-price retail market segment is getting interesting, with more and more major department stores branching into this lucrative space.

    By Sirisha Bhogaraju
  • uploads///Hourly Earnings In Last One Year
    Macroeconomic Analysis

    Strong Wage Growth Was Seen in October

    As of October 2015, wages have now grown by 2.5% on a year-to-date basis, which is the highest growth since 2010.

    By Mark Jonker
  • uploads///ROST inventory
    Company & Industry Overviews

    A Look at Ross Stores’ Superior Inventory Management Skills

    Ross Stores’ inventory management system is supported by its strong supplier relationships and the strategic location of its buying offices.

    By Sirisha Bhogaraju
  • uploads///TJX Companies Sales by Region
    Miscellaneous

    The TJX Companies Enters Australia with Trade Secret Acquisition

    On October 25, The TJX Companies announced the completion of its acquisition of Trade Secret, an off-price retailer based in Australia.

    By Sirisha Bhogaraju
  • uploads///ROST same store sales
    Company & Industry Overviews

    Ross Stores’ Same-Store Sales Growth: A Consistent Track Record

    2Q15 marked the 26th consecutive quarter of positive same-store sales growth for Ross Stores. Its last fall in same-store sales growth was in the 4Q08.

    By Sirisha Bhogaraju
  • uploads///ROST Sales Mix
    Company & Industry Overviews

    Key Components of Ross Stores’ Sales Mix

    In fiscal 2014, women’s apparel accounted for 29% of Ross Stores’ sales of $11 billion. Home accents is also a key category at 24% of total sales.

    By Sirisha Bhogaraju
  • uploads///Rost store footprint
    Company & Industry Overviews

    Understanding Ross Stores’ Business Model

    Ross Stores operates under two trademarks: Ross Dress for Less and dd’s DISCOUNTS. There are 1,259 Dress for Less and 165 dd’s DISCOUNTS stores in the US.

    By Sirisha Bhogaraju
  • uploads///nke pm
    Earnings Report

    Why Nike’s Sales Boost the Net Income in 1Q16

    Nike has a market cap of $98.19 billion. Its YTD price movement is rising day by day. After the earnings report in 1Q16, it fell by 0.55% to close at $114.79 per share.

    By Gabriel Kane
  • uploads///TJX Margins Q
    Earnings Report

    Why TJX Companies’ Margins Could Be under Pressure in 2Q16

    TJX Companies (TJX) expects its gross margin for the second quarter of fiscal 2016 to come in the range 28.5% to 28.6% range.

    By Sirisha Bhogaraju
  • uploads///Bloomberg consumer comfort index
    Macroeconomic Analysis

    How a Drop in the Consumer Comfort Index Affects Department Stores

    The Bloomberg Consumer Comfort Index declined to 40.3 in the week ended August 2 on a week-over-week basis. The index stood at 40.5 in the previous week.

    By Sirisha Bhogaraju
  • uploads///Bloomberg Comfort
    Macroeconomic Analysis

    Bloomberg Consumer Comfort Index Drops for Fourth Straight Week

    The Bloomberg Consumer Comfort Index fell to 40.5 in the week ended July 26, from 42.4 in the week before. This is the fourth week of decline and the second lowest level since November 2014.

    By Sirisha Bhogaraju
  • uploads///TJX stores
    Earnings Report

    TJX Companies’ Store Growth Plans for the US and Abroad

    In 4Q15, TJX reported a 4.0% growth in same-store sales, compared with 4Q14. This growth was driven by an increase in store traffic across all divisions.

    By Sirisha Bhogaraju
  • uploads///Net Sales
    Earnings Report

    Will Nordstrom’s Rack Stores Rake in Higher Sales in 1Q15?

    Sales of Nordstrom’s full-line stores declined by 0.3% in contrast to sales of off-price Rack stores that increased by 17.4% to $3.2 billion.

    By Sirisha Bhogaraju
  • uploads///Net Sales vs peers
    Macroeconomic Analysis

    What’s Attracting Major Department Stores to the Off-Price Space?

    Off-price retailers like TJX Companies sell merchandise at a discount of roughly 20.0%–60.0% compared to department stores.

    By Sirisha Bhogaraju
  • uploads///Consistent Performance
    Company & Industry Overviews

    TJX Companies: A Growth Story Investors Should Know About

    With its off-price business model and operational efficiency, TJX Companies has consistently performed well, even in difficult economic conditions.

    By Sirisha Bhogaraju
  • uploads///Segment profitability
    Company & Industry Overviews

    TJX Companies – A Profitable Business Structure

    Among TJX Companies’ business segments, Marmaxx is the largest with 2,094 stores under the T.J. Maxx and Marshalls brands, and 64.3% of net sales.

    By Sirisha Bhogaraju
  • uploads///Same store sales
    Company & Industry Overviews

    Gauging TJX Companies’ Same-Store Sales Growth

    The growth in TJX Companies’ same-store sales slowed down in fiscal 2015, growing by 2.0% compared to 3.0% in fiscal 2014.

    By Sirisha Bhogaraju
  • uploads///Inventory Management
    Company & Industry Overviews

    TJX Companies’ Best-in-Class Inventory Management

    TJX Companies (TJX) has a very efficient internally developed inventory management system that helps the company ensure the proper flow of merchandise.

    By Sirisha Bhogaraju
  • uploads///Untitled
    Earnings Report

    Nordstrom’s fiscal 2014: Multichannel strategy fuels growth

    Nordstrom is in expansion mode. Yet, about 59% of Nordstrom’s fiscal 2014 net sales were derived from its full-line stores, down from 63% in fiscal 2013.

    By Sirisha Bhogaraju
  • uploads///same store sales
    Company & Industry Overviews

    Nordstrom’s target customers

    Nordstrom is an upscale department store that competes with other high-end stores. However, not all of Nordstrom’s target customers are high-end shoppers.

    By Sirisha Bhogaraju
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