Ross is the largest “off-price” department store in the United States. They sell mostly women’s clothing, but also clothes for men, shoes, home accents, etc. Although they have been around in some form since 1950, their rapid phase of growth did not start until the late 80s. Ross is a higher growth large business that has sales and profits that continue to increase in recessions. What returns can we expect if we pay up for growth?
History of Ross Stores
Valuation and Closing Thoughts