Ross Stores (ROST) operates a chain of off price retail stores offering high quality, in season name brand and designer apparel, shoes, cosmetics, accessories and home merchandise at discounts of 20-60% below mainstream retailers.
The company has grown profits and dividends at a 15-20% annual rate over the past 10 years, earning a 25%+ return on equity. While current retail environment experienced difficulties in the recent recession, ROST’s off price business model continued to produce above average results because:
Showing posts with label Ross. Show all posts
Showing posts with label Ross. Show all posts
Thursday, March 08, 2012
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