Ross Stores (ROST)

Ross Stores (ROST)

Postby winston » Wed Sep 26, 2018 9:19 pm

not vested

THE 'DEATH OF RETAIL' IS OVERBLOWN

Today, we're looking at a company surviving the "retail apocalypse"...

Regular readers know e-commerce companies like Amazon (AMZN) are changing the way people buy goods. Traditional retailers have struggled to keep up – but some are bucking the trend. Today, we look at another company that's proving retail isn't dead...

Ross Stores (ROST) operates more than 1,400 department stores in the U.S. The company specializes in discount clothing and home décor.

As we recently showed with Dollar General (DG), discount stores are thriving lately... In the most recent quarter, Ross Stores reported net income of $389 million, up around 23% from the same period last year. The company also announced that it's raising its long-term store count goal from 2,500 to 3,000.

As you can see below, shares of ROST are trending higher. The stock has risen more than 50% over the past year alone, and it recently hit a fresh all-time high. This discount retailer is making it through the "apocalypse" just fine...

Source: Daily Wealth
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston
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Re: Ross Stores (ROST)

Postby winston » Thu Oct 03, 2019 9:52 pm

not vested

THE DISCOUNT CHAIN THAT THRIVES IN THE 'RETAIL APOCALYPSE'

Today's chart shows that not every brick-and-mortar retailer is succumbing to the "death of retail"...

If you look at the news today, you can still find headlines about online shopping crushing traditional brick-and-mortar stores. But regular readers know that some retailers are not only surviving... they're thriving. Specialty stores, and especially low-cost stores, are bucking the trend...

Ross Stores (ROST) is the largest off-price retail chain in the U.S., with more than 1,700 stores across the country. The company's size allows it to negotiate with manufacturers so it can provide the latest clothing styles and home accessories for big discounts.

And while retailers like Macy's and Sears have been closing stores... Ross is actually expanding. It's adding new locations, perhaps most notably in the Midwest. And in fiscal 2018, it hit a record $15 billion in sales.

As you can see, ROST shares are in a clear uptrend. The stock returned more than 200% over the past five years, including dividends... and it recently hit a fresh all-time high. As Ross expands, its low prices and new styles will keep attracting customers...

Source: Daily Wealth
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118528
Joined: Wed May 07, 2008 9:28 am

Re: Ross Stores (ROST)

Postby winston » Thu Oct 03, 2019 9:52 pm

not vested

THE DISCOUNT CHAIN THAT THRIVES IN THE 'RETAIL APOCALYPSE'

Today's chart shows that not every brick-and-mortar retailer is succumbing to the "death of retail"...

If you look at the news today, you can still find headlines about online shopping crushing traditional brick-and-mortar stores. But regular readers know that some retailers are not only surviving... they're thriving. Specialty stores, and especially low-cost stores, are bucking the trend...

Ross Stores (ROST) is the largest off-price retail chain in the U.S., with more than 1,700 stores across the country. The company's size allows it to negotiate with manufacturers so it can provide the latest clothing styles and home accessories for big discounts.

And while retailers like Macy's and Sears have been closing stores... Ross is actually expanding. It's adding new locations, perhaps most notably in the Midwest. And in fiscal 2018, it hit a record $15 billion in sales.

As you can see, ROST shares are in a clear uptrend. The stock returned more than 200% over the past five years, including dividends... and it recently hit a fresh all-time high. As Ross expands, its low prices and new styles will keep attracting customers...

Source: Daily Wealth
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 118528
Joined: Wed May 07, 2008 9:28 am


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