Home>Ross Stores, Inc. ROST Q4 2011 Earnings Call Transcript
Ross Stores, Inc. ROST Q4 2011 Earnings Call Transcript
Earnings Call Transcripts by Morningstar Inc.
Thu, 15 Mar 2012
Good morning, and welcome to the Ross Stores Fourth Quarter and Fiscal Year 2011 Earnings Release Conference Call. The call will begin with prepared comments by management followed by a question-and-answer session.
Westwood's Susan Byrne says the shop's funds have balanced lower-volatility health-care stocks with inflation-resistant energy names, while banking on a good history of dividend increases in both sectors.
Although the economy needs to improve before the Fed raises key rates, some dividend payers might act as good hedges amid higher rates, while others have something to lose, says Morningstar's Josh Peters.