Ross Stores: The Off-Price Model Beats Classic Department Stores. Market Share is Rising. Bargain Hunting as a Reliable Driver

A customer discovers a branded garment in a sparsely furnished store at a fraction of the regular price. This is a trend: consumers are avoiding expensive full-price department stores and rewarding discounters that stage shopping as a physical treasure hunt. The stock of Ross Stores (ROST) has significantly outperformed the S&P 500 and the US retail sector over the past 12 months. This outperformance could continue following the quarterly results released on Tuesday evening (March 3). CEO James Conroy stated: "We are seeing pleasing customer...