Michael Balmuth - Ross Stores Executive Chairman

ROST Stock  USD 147.19  2.62  1.81%   

Chairman

Mr. Michael Balmuth is Executive Chairman of the Board of the Company. He has served as Executive Chairman since 2014 Vice Chairman of the Board and Chief Executive Officer of the Company from 1996 to 2014 President from 2005 to 2009 Executive Vice President, Merchandising from 1993 to 1996 Senior Vice President, Merchandising from 1989 to 1993. The Nominating and Corporationrationrate Governance Committee has noted Mr. Balmuth long history and extensive executive and merchandising experience with the Company. since 2014.
Age 73
Tenure 10 years
Address 5130 Hacienda Drive, Dublin, CA, United States, 94568-7579
Phone925 965 4400
Webhttps://www.rossstores.com

Ross Stores Management Efficiency

The company has return on total asset (ROA) of 0.1041 % which means that it generated a profit of $0.1041 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.4093 %, meaning that it created $0.4093 on every $100 dollars invested by stockholders. Ross Stores' management efficiency ratios could be used to measure how well Ross Stores manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is likely to gain to 0.26 in 2024, whereas Return On Assets are likely to drop 0.10 in 2024. At this time, Ross Stores' Total Current Liabilities is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 15 B in 2024, despite the fact that Change To Liabilities is likely to grow to (543.6 M).
The company currently holds 5.75 B in liabilities with Debt to Equity (D/E) ratio of 1.38, which is about average as compared to similar companies. Ross Stores has a current ratio of 1.91, which is within standard range for the sector. Debt can assist Ross Stores until it has trouble settling it off, either with new capital or with free cash flow. So, Ross Stores' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Ross Stores sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ross to invest in growth at high rates of return. When we think about Ross Stores' use of debt, we should always consider it together with cash and equity.

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Ross Stores, Inc., together with its subsidiaries, operates off-price retail apparel and home fashion stores under the Ross Dress for Less and dds DISCOUNTS brand names. Ross Stores, Inc. was incorporated in 1957 and is headquartered in Dublin, California. Ross Stores operates under Apparel Retail classification in the United States and is traded on NASDAQ Exchange. It employs 100000 people. Ross Stores (ROST) is traded on NASDAQ Exchange in USA. It is located in 5130 Hacienda Drive, Dublin, CA, United States, 94568-7579 and employs 24 people. Ross Stores is listed under Specialty Retail category by Fama And French industry classification.

Management Performance

Ross Stores Leadership Team

Elected by the shareholders, the Ross Stores' board of directors comprises two types of representatives: Ross Stores inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ross. The board's role is to monitor Ross Stores' management team and ensure that shareholders' interests are well served. Ross Stores' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Ross Stores' outside directors are responsible for providing unbiased perspectives on the board's policies.
Barbara Rentler, CEO and Director
Gunnar Bjorklund, Independent Director
Adam Orvos, Executive CFO
George Orban, Lead Independent Director
Michael Kobayashi, President Officer
Michael Bush, Independent Director
Gregory Quesnel, Independent Director
Stephen Milligan, Independent Director
Lisa Panattoni, President - Merchandising, Ross Dress for Less
James Fassio, Pres and Chief Devel. Officer
Michael Balmuth, Executive Chairman
Ken Caruana, Marketing Strategy
Norman Ferber, Chairman Emeritus
Billy Edwards, CFO
Bernard Brautigan, Group Executive Vice President - Merchandising, Ross Dress for Less
Lawrence Peiros, Independent Director
Brian Morrow, President and Chief Merchandising Officer
Michael Hartshorn, CFO and Group Sr. VP
Jeffrey Burrill, Corporate VP
John Call, Executive VP of Fin. and Legal and Corporate Secretary
Ken Jew, General VP
Sharon Garrett, Independent Director
Michael OSullivan, President, COO and Director
Connie Kao, Group Relations

Ross Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Ross Stores a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

When determining whether Ross Stores is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Ross Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Ross Stores Stock. Highlighted below are key reports to facilitate an investment decision about Ross Stores Stock:
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When running Ross Stores' price analysis, check to measure Ross Stores' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ross Stores is operating at the current time. Most of Ross Stores' value examination focuses on studying past and present price action to predict the probability of Ross Stores' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ross Stores' price. Additionally, you may evaluate how the addition of Ross Stores to your portfolios can decrease your overall portfolio volatility.
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Is Ross Stores' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ross Stores. If investors know Ross will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ross Stores listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.397
Dividend Share
1.34
Earnings Share
5.57
Revenue Per Share
60.793
Quarterly Revenue Growth
0.155
The market value of Ross Stores is measured differently than its book value, which is the value of Ross that is recorded on the company's balance sheet. Investors also form their own opinion of Ross Stores' value that differs from its market value or its book value, called intrinsic value, which is Ross Stores' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ross Stores' market value can be influenced by many factors that don't directly affect Ross Stores' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ross Stores' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ross Stores is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ross Stores' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.