Ross Stores reported another strong quarterly performance, with sales increasing by 14%. The increase was primarily driven by a greater average basket, with slightly lower traffic than 2019. Despite fading government stimulus and the uncertainty surrounding the new Omicron variant, the company did manage a decent quarter. Its children's and men's were the best performing businesses at Ross Stores in the third quarter, while the Midwest and Southeast were the best performing regions. dd's DISCOUN ....
07 Jan 2022
Ross Stores, Inc. - Investment Thesis, Key Drivers, Financial & Price Forecasts, DCF Valuation 1/22
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Ross Stores, Inc. - Investment Thesis, Key Drivers, Financial & Price Forecasts, DCF Valuation 1/22
- Published:
07 Jan 2022 -
Author:
Ishan Majumdar -
Pages:
14
Ross Stores reported another strong quarterly performance, with sales increasing by 14%. The increase was primarily driven by a greater average basket, with slightly lower traffic than 2019. Despite fading government stimulus and the uncertainty surrounding the new Omicron variant, the company did manage a decent quarter. Its children's and men's were the best performing businesses at Ross Stores in the third quarter, while the Midwest and Southeast were the best performing regions. dd's DISCOUN ....