Description

Ross Stores, Inc.: Brand Strategy Impact & An Improved Competitive Position Contributing To Stock’s Potential Growth!

Ross Stores, Inc. recently reported its fourth-quarter and fiscal year 2024 financial results, offering a mixed performance. The company achieved fourth-quarter sales of $5.9 billion, representing a comparable store sales gain of 3%, a significant improvement on top of the robust 7% gain in the same period last year. Earnings per share for the quarter slightly decreased to $1.79 from $1.82 per share in the previous year’s 14-week quarter. The net income for the quarter was $587 million, down from $610 million. For the entire fiscal year 2024, Ross Stores’ earnings per share increased to $6.32 from the previous year’s $5.56 during a 53-week period, with an uplift from a one-time benefit to earnings related to the sale of a packaway facility, equivalent to approximately $0.14 per share.

Our Report Structure:

⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures

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