Long-term company sentiment over time: Ross Stores Inc. of the NASDAQ-100 Index
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Description of Ross Stores Inc.
Ross Stores Inc. is an off-price retailer that operates a chain of Ross Dress for Less stores across the United States. The company offers a variety of products, including clothing, accessories, footwear, and home goods, at discounted prices. Ross Stores Inc. sources its merchandise from a wide range of vendors, including manufacturers, designers, and wholesalers, enabling them to offer a diverse selection of products to customers. The company's main activities involve purchasing excess inventory and closeout merchandise from these vendors and then selling these products to consumers at prices below traditional retail competitors. By following an off-price business model, Ross Stores Inc. attracts bargain-seeking shoppers and aims to provide value and savings on popular brand-name products.
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