Ross Stores (FRA:RSO) Change in Same Store Sales % : 0.00% (As of . 20)

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What is Ross Stores Change in Same Store Sales %?

Same-store sales, also known as comparable-store sales, is the most important financial metric in the retail industry to evaluate the performance of existing stores. It equals the percentage growth of the average sales per store from the previous period to current period.

A positive number indicates that more sales are generated in the same store compared with the previous period, which suggests growing demand. The higher the number is, the more growth the retailer has.

The historical rank and industry rank for Ross Stores's Change in Same Store Sales % or its related term are showing as below:

FRA:RSO's Change in Same Store Sales % is not ranked ^*
in the Retail - Cyclical industry.
Industry Median:
* Ranked among companies with meaningful Change in Same Store Sales % only.

Ross Stores Change in Same Store Sales % Historical Data

The historical data trend for Ross Stores's Change in Same Store Sales % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Ross Stores Change in Same Store Sales % Chart

Ross Stores (FRA:RSO) Change in Same Store Sales % Explanation

A positive number indicates that more sales are generated in the same store compared with the previous period, meaning growing demand, while a negative number indicates the opposite. The higher the number is, the more growth the retailer has.

Same-store sales can be improved by two factors: average ticket size and the number of tickets. If each customer buys more, the average ticket size will increase. If more customers come to the store, the number of tickets will increase.

Ross Stores Change in Same Store Sales % Related Terms

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Ross Stores (FRA:RSO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Ross Stores Inc (FRA:RSO) » Definitions » Change in Same Store Sales %

Comparable Companies

Traded in Other Exchanges

ROST:USA ROST:Mexico RSO:Germany ROST34:Brazil ROST:Austria ROST:Argentina

Address

5130 Hacienda Drive, Dublin, CA, USA, 94568-7579

Website

https://www.rossstores.com

Ross Stores operates as an off-price apparel and accessories retailer with the majority of its sales derived from its Ross Dress for Less banner. The firm opportunistically procures excess brand-name merchandise made available via manufacturing overruns and retail liquidation sales at a 20%-60% discount to full prices. As such, its stores are frequently filled with a vast array of stock-keeping units, each with minimal product depth that creates a treasure hunt shopping experience. The firm's more than 1,750 Ross Dress for Less stores are primarily located in densely populated suburban communities and typically serve middle-income consumers. Ross also operates nearly 350 DD's Discounts chains that target lower-income shoppers.

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