Tuesday ROST 2015 P/E was 18.9 ($104 div by $ 5.50)
Friday evening ROST P/E was 17.6 ($ 97 div by $ 5.50)
17.6 P/E for one of retail's leading growth operators is a reasonable value, IMO.
After opening ROST stores in its current large "existing" states, this firm will now
open new outlets in its "new" middle USA region during the rest of this year.....this
shows strong geographic growth diversification. ROST expects customers from
all portions of the USA to accept shopping at Ross Stores
ROST is an industry leader in revenues per square foot, meaning that ROST
has the correct locations at the low lease terms AND they are selling the right
products that their customers want to pay for......
....will other entrants into the discount retail sector be able to obtain the best
retail locations at the same low lease terms...as ROST and TJX have already
secured....? ROST obtains products from all discount sources. Will Macy
öff-price" be able to obtain the products that discount customers want from
the same number of vendors...??
ROST has the existing relationships with the best resources available to stock
profitable products their customer want to pay for.......
Maybe ROST drifts sideways or lower next week but long term ROST is a
premier operator who is successfully implementing its nationwide expanding plan.
ROST beats all of their numbers in 2015.....IMO in 2016 as well.
for day traders fundamentals probably do not mean much.....for the vast majority of retail day traders
its a suckers game. Not my game.
However select value based equities with strong fundamentals will win over time, as the noise of
the short termers is removed over time.
Thanks for the metrics ...useful data to mule over to get a clearer picture
of LOCO going forward.
I thought LOCO said they expected to add 27 new outlets in 2015.......
ROST say its Q2 EPS will below the current estimate.......therefore market killed the stock
today....but doesn't ROST usually sandbag the guidance & then beat easily.....?
Why didn't the market see that as a possible/probable outcome for next quarter too...?
BTW I am biased. My ROST buy on Wed afternoon of $ 101.15 is now deep in the red...!
I will hold.......... patience with ROST will pay off nicely over the next year.
No problem disagreeing with me.......that's what makes a market...!
The 2020 LA wage issue is NOT why I think LOCO is not worth buying
....I simply think the market could realize that LOCO mgmt will not deliver
the expected growth in EPS or revenues that the current valuation implies.
IMO I may not own LOCO in the Spring 2015 but I do think I will be offered
LOCO shares later this year at my "sub 21"' target price.
We will see together how LOCO reacts in the next several sessions.
I am not impressed so far with LOCO's 2 day recovery. The stock
still appears vulnerable to me.
I still expect LOCO to beat more definitively in Q3 & Q4 2015
ROST is going to split in June.....so $ 90 in July would be great.....!
(yes I know you mean on a pre-split basis)
Seriously I feel ROST mgmt execution shows no signs of slowing down.
IMO, ROST is a strong operator in the sweet spot of the US soft goods retail marketplace.
I did not "thumbs down" your post.
thanks Captain .....
Hope to see a nice follow-through ROST stock 'pop" tomorrow morning
I agree with you that the CEO is sandbagging again.
LOCO still too expensive for the operational risk, IMO
even at $ 22.00
Announcing the plans to add outlets in Dallas, TX will help dilute the potential wage cost
problems in the future. Looks to me that the CEO had this plan all ready to go", when LA
made the announcement about the 2020 $ 15 minimum wage decree. Good move by
What about the news regarding SHAK planning to roll out a "Chicken Shack"
Does the combo of Chick fil A and now SHAK building out the eastern portion of the US with strong branded
retail outlets reduce the growth opportunities for a Mexican chicken QSR Mexican food firm like LOCO...?
DLTR said this morning that they are still negotiating with the govt regarding what they
need to sell-off .......so this deal will not close until July as of today......stay tuned..?
Anti-trust in retail discount in the US .......?
What about Dollar General, Walmart, CVS, Amazon, and all of the regional & local discounters.....?
What about every gas station with a discount/convenience store attached...?
How does the merger reduce competition in this huge retail market.....?
Not closing this deal will hurt DLTR results in 2015
remember the LA wage hike is phased in over 5 years……
plenty of time for any firm to adjust to this added cost.
LOCO will certainly hike its food prices at least a % of
the upcoming wage increase as well.
EML stock action looks pretty bad after 12 noon today ………..
Did the lame, old mgmt win the proxy fight….? I hope not.
If the existing mgmt was able to stay in control, then the EML
shareholders have only themselves to blame for the weak
past & future return on their EML investment…..
4:25 PM EDT
WSM beats EPS and revenues and right now the shares are trading at $ 80.80
Given the reduced guidance for Q2, it will be interesting to see if the stock can
hold above the $ 80 plateau.
beat on EPS and revenues ….
But she said Q2 EPS and revenues would be light, due to the West Coast port strike..
Is she doing this, to knock down euphoria for the next quarterly report…and then
WSM will beat both EPS & Revs….again…???? One way to keep this stock
ROST consensus estimate EPS for tomorrow is $ 1.28 (last year same quarter was $ 1.15)
I think that ROST reports a $ 1.31 EPS or a little better
ROST will also post at least a 5 % same store sales improvement
Will the CEO increase the guidance….she was conservative last CC.
We will all see tomorrow