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Ross Stores (FRA:RSO) Construction In Progress : €577 Mil (As of Jan. 2024)


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What is Ross Stores Construction In Progress?

Ross Stores's quarterly construction in progress increased from Jul. 2023 (€469 Mil) to Oct. 2023 (€540 Mil) and increased from Oct. 2023 (€540 Mil) to Jan. 2024 (€577 Mil).

Ross Stores's annual construction in progress declined from Jan. 2022 (€508 Mil) to Jan. 2023 (€296 Mil) but then increased from Jan. 2023 (€296 Mil) to Jan. 2024 (€577 Mil).


Ross Stores Construction In Progress Historical Data

The historical data trend for Ross Stores's Construction In Progress 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 Construction In Progress Chart

Ross Stores Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 170.77 308.76 507.71 296.33 577.17

Ross Stores Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 296.33 362.53 468.64 539.79 577.17

Ross Stores Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.


Ross Stores (FRA:RSO) Business Description

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

Ross Stores (FRA:RSO) Headlines

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