Ross Stores - Be Careful With This Dip [Seeking Alpha]
Ross Stores, Inc. (ROST)
Last ross stores, inc. earnings: 3/3 04:01 pm
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US:NASDAQ Investor Relations:
investors.rossstores.com
Company Research
Source: Seeking Alpha
Summary Image Source: Company's Website Ross Stores ( ROST ) has been a great stock to own in the past decade but has recently experienced a sharp correction that has led the stock price down more than 21% from the top reached in February. The obvious reaction from many analysts has been a “buy the dip!”, supported by the view that concerns about competition from Amazon (NASDAQ: AMZN ) are exaggerated and that the e-commerce giant is not a real threat to the business model of off-price retailers. Shopping at a Ross store is characterized by the “treasure hunting” experience, something hardly replicable on Amazon, and the low prices are also hard to replicate due to the company’s deep focus on opportunistic/large volume buying and a no-frills environment. The argument supporting the view that the company will continue to prosper is that investors shouldn’t be too concerned about competitive pressures from Amazon as the company’s off-price business model is “unamaz
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ROST
News
- Ross Stores' (ROST) Strategic Efforts Seem Good: Apt to Hold [Yahoo! Finance]Yahoo! Finance
- Column: More than just a store, 99 Cents Only gave a fair shake to all who entered [Los Angeles Times (CA)]Los Angeles Times
- Ross Stores: May Seem Pricey But Justifiably So [Seeking Alpha]Seeking Alpha
- Management Raised Full Year Guidance for Ross Stores (ROST) [Yahoo! Finance]Yahoo! Finance
- Why Ross Stores (ROST) is a Top Value Stock for the Long-Term [Yahoo! Finance]Yahoo! Finance
ROST
Earnings
- 3/5/24 - Beat
ROST
Sec Filings
- 4/9/24 - Form DEFA14A
- 4/9/24 - Form DEF
- 4/9/24 - Form ARS
- ROST's page on the SEC website