ROST Ross Stores, Inc.
Ross Stores, Inc. engages in the operation of off-price retail apparel and home accessories stores. Its products include branded and designer apparel, accessories, footwear, and home fashions through the Dress for Less and dd's DISCOUNTS brands. The company was founded by Stuart G. Moldaw in 1957 and is headquartered in Dublin, CA.
Company profile
Ticker
ROST
Exchange
Website
CEO
Barbara Rentler
Employees
Incorporated in
Location
Fiscal year end
Sector
Industry (SEC)
Former names
Ross Stores Inc
SEC CIK
Corporate docs
IRS number
941390387
ROST stock data
()
Calendar
10 Jun 20
8 Jul 20
1 Feb 21
News
Company financial data Financial data
| Quarter (USD) | May 20 | Nov 19 | Aug 19 | May 19 | |
|---|---|---|---|---|---|
| Revenue | 1.84B | 3.85B | 3.98B | 3.8B | |
| Net income | -305.84M | 370.93M | 412.72M | 421.14M | |
| Diluted EPS | -0.87 | 1.03 | 1.14 | 1.15 | |
| Net profit margin | -16.60% | 9.64% | 10.37% | 11.09% | |
| Net change in cash | 1.53B | -239.32M | 15.43M | -46.32M | |
| Cash on hand | 2.67B | 1.14B | 1.38B | 1.37B | |
| Cost of revenue | 1.89B | 2.77B | 2.84B | 2.7B |
| Annual (USD) | Feb 19 | Feb 18 | Jan 17 | Jan 16 | |
|---|---|---|---|---|---|
| Revenue | 14.98B | 14.13B | 12.87B | 11.94B | |
| Net income | 1.59B | 1.36B | 1.12B | 1.02B | |
| Diluted EPS | 4.26 | 3.55 | 2.83 | 2.51 | |
| Net profit margin | 10.59% | 9.64% | 8.69% | 8.55% | |
| Net change in cash | 122.61M | 178.7M | 350M | 64.99M | |
| Cash on hand | 1.41B | 1.29B | 1.11B | 761.6M | |
| Cost of revenue | 10.73B | 10.04B | 9.17B | 8.58B |
Financial data from Ross Stores earnings reports
Recent insider trades
| Date | Owner | Security | Transaction | Code | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|
| 20 May 22 | Sharon D Garrett | Common Stock | Grant | Aquire A | No | 0 | 1,761 | 0 | 5,396 |
| 20 May 20 | Sharon D Garrett | Common Stock | Gift | Aquire G | No | 0 | 1,937 | 0 | 205,751 |
| 20 May 20 | Sharon D Garrett | Common Stock | Gift | Dispose G | No | 0 | 1,937 | 0 | 3,459 |
| 20 May 20 | Milligan Stephen D | Common Stock | Grant | Aquire A | No | 0 | 1,761 | 0 | 14,926 |
| 20 May 20 | Ferber Norman A | Common Stock | Grant | Aquire A | No | 0 | 1,761 | 0 | 28,528 |
| 20 May 20 | Bjorklund Gunnar K | Common Stock | Grant | Aquire A | No | 0 | 1,761 | 0 | 35,816 |
| 20 May 20 | Orban George | Common Stock | Grant | Aquire A | No | 0 | 1,761 | 0 | 526,700 |
Institutional ownership Q1 2020
85.0% owned by funds/institutions
13F holders |
Current |
|---|---|
| Total holders | 815 |
| Opened positions | 88 |
| Closed positions | 172 |
| Increased positions | 258 |
| Reduced positions | 364 |
13F shares |
Current |
|---|---|
| Total value | 278.9B |
| Total shares | 302.21M |
| Total puts | 721.47K |
| Total calls | 1.15M |
| Total put/call ratio | 0.6 |
Largest owners |
Shares | Value |
|---|---|---|
| Vanguard | 31.86M | $2.77B |
| N Price T Rowe Associates | 30.01M | $2.61B |
| BLK BlackRock | 25.45M | $2.21B |
| FMR | 17.49M | $1.52B |
| STT State Street | 16.87M | $1.47B |
| Primecap Management | 11.19M | $972.88M |
| JPM JPMorgan Chase & Co. | 7.33M | $637.7M |
| Massachusetts Financial Services | 6.53M | $567.67M |
| BEN Franklin Resources | 5.32M | $462.78M |
| Geode Capital Management | 5.22M | $453.23M |
Financial report summary
?Risks
- We are subject to impacts from instances of damage to our stores and losses of merchandise accompanying protests or demonstrations, which may result in temporary store closures or delays in our store reopening plans.
Management Discussion
- Stores. In response to the impacts from the COVID-19 pandemic, we have reduced our planned new store openings for fiscal 2020. We do not expect to open any new stores in the second quarter of fiscal 2020 and now plan to open about 39 stores in the fiscal third quarter. Our longer term expansion strategy is to open additional stores based on market penetration, local demographic characteristics, competition, expected store profitability, and the ability to leverage overhead expenses. We continually evaluate opportunistic real estate acquisitions and opportunities for potential new store locations. We also evaluate our current store locations and determine store closures based on similar criteria.
Content analysis
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H.S. sophomore Good
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Removed:
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Financial reports
10-Q
2020 Q1
Quarterly report
10 Jun 20
10-Q
2019 Q3
Quarterly report
11 Dec 19
10-Q
2019 Q2
Quarterly report
11 Sep 19
10-Q
2019 Q1
Quarterly report
12 Jun 19
10-K
2018 FY
Annual report
2 Apr 19
10-Q
2018 Q3
Quarterly report
12 Dec 18
10-Q
2018 Q2
Quarterly report
12 Sep 18
10-Q
2018 Q1
Quarterly report
13 Jun 18
10-K
2017 FY
Annual report
3 Apr 18
10-Q
2017 Q3
Quarterly report
6 Dec 17
Current reports
8-K
Entry into a Material Definitive Agreement
7 Jul 20
8-K
Submission of Matters to a Vote of Security Holders
27 May 20
8-K
Ross Stores Reports First Quarter Results
21 May 20
8-K
Entry into a Material Definitive Agreement
6 May 20
8-K
Other Events
7 Apr 20
8-K
Ross Stores Provides Additional COVID-19 Business Update
2 Apr 20
8-K
Ross Stores Provides Additional COVID-19 Related Update
20 Mar 20
8-K
Ross Stores Issues Business Update Related to COVID-19
19 Mar 20
8-K
Departure of Directors or Certain Officers
12 Mar 20
8-K
Ross Stores Reports Fourth Quarter
3 Mar 20
Registration and prospectus
424B2
Prospectus for primary offering
3 Apr 20
FWP
Free writing prospectus
3 Apr 20
424B2
Prospectus for primary offering
2 Apr 20
S-3ASR
Automatic shelf registration
2 Apr 20
S-8
Registration of securities for employees
17 May 17
S-8
Registration of securities for employees
30 Mar 16
424B5
Prospectus supplement for primary offering
17 Sep 14
424B5
Prospectus supplement for primary offering
15 Sep 14
FWP
Free writing prospectus
15 Sep 14
S-3ASR
Automatic shelf registration
15 Sep 14
Proxies
DEFA14A
Additional proxy soliciting materials
7 Apr 20
DEF 14A
Definitive proxy
7 Apr 20
DEFA14A
Additional proxy soliciting materials
7 May 19
PX14A6G
Letter to shareholders
22 Apr 19
DEFA14A
Additional proxy soliciting materials
18 Apr 19
DEF 14A
Definitive proxy
9 Apr 19
DEFA14A
Additional proxy soliciting materials
9 Apr 19
DEF 14A
Definitive proxy
10 Apr 18
DEFA14A
Additional proxy soliciting materials
10 Apr 18
DEF 14A
Definitive proxy
4 Apr 17
Other
SD
Conflict minerals disclosure
28 May 20
SD
Conflict minerals disclosure
28 May 19
SD
Conflict minerals disclosure
30 May 18
SD
Conflict minerals disclosure
25 May 17
NO ACT
No action letter
31 Jan 17
SD
Conflict minerals disclosure
27 May 16
SD
Conflict minerals disclosure
29 May 15
SD
Conflict minerals disclosure
30 May 14
UPLOAD
Letter from SEC
8 Jul 11
CORRESP
Correspondence with SEC
23 Jun 11
Ownership
4/A
ROSS STORES / SHARON D GARRETT ownership change
22 May 20
4
ROSS STORES / GREGORY L QUESNEL ownership change
22 May 20
4
ROSS STORES / GEORGE ORBAN ownership change
22 May 20
4
ROSS STORES / MICHAEL J BUSH ownership change
22 May 20
4
ROSS STORES / STEPHEN D MILLIGAN ownership change
22 May 20
4
ROSS STORES / NORMAN A FERBER ownership change
22 May 20
4
ROSS STORES / GUNNAR K BJORKLUND ownership change
22 May 20
4
ROSS STORES / SHARON D GARRETT ownership change
22 May 20
4
ROSS STORES / Brian R. Morrow ownership change
17 Mar 20
4
ROSS STORES / Brian R. Morrow ownership change
17 Mar 20