Ross Stores delivered another solid quarterly result with excellent recovery in revenues driven by the robust customer demand, accelerated vaccination rates, government stimulus payments and easing of COVID-19 restrictions. The company’s top-line grew by a staggering 20.7% as compared to 2020 when a large number of its outlets were shut because of the pandemic-driven lockdown. Growth continues to be broad-based across all merchandise categories and regions with the children’s category and Midwes ....

01 Sep 2021
Ross Stores, Inc. - Investment Thesis, Key Drivers, Financial & Price Forecasts, DCF Valuation 9/21

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Ross Stores, Inc. - Investment Thesis, Key Drivers, Financial & Price Forecasts, DCF Valuation 9/21
- Published:
01 Sep 2021 -
Author:
Ishan Majumdar -
Pages:
14 -
Ross Stores delivered another solid quarterly result with excellent recovery in revenues driven by the robust customer demand, accelerated vaccination rates, government stimulus payments and easing of COVID-19 restrictions. The company’s top-line grew by a staggering 20.7% as compared to 2020 when a large number of its outlets were shut because of the pandemic-driven lockdown. Growth continues to be broad-based across all merchandise categories and regions with the children’s category and Midwes ....