Ross Stores Inc
ROST: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| $263.00 | Ctmv | Rnfflcpy |
Off-Price Format's Strength Should Propel Ongoing Store Growth and Attractive Returns at Ross
Business Strategy and Outlook
With a fast-turning inventory of high-value branded merchandise, Ross' store experience and value proposition should continue to resonate in a variety of economic conditions. Ross should benefit from a turbulent economic environment as consumers refocus on value and as vendors grapple with oversupply amid fast-changing demand. Off-price retailers have not been derailed by past recessions; Ross’ comparable sales grew 2% and 6% in fiscal 2008 and 2009, respectively.