Financial Analysis: Ross Store

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Ross stores is where people can dress for less (Vault, 2018). Ross prices are discounted compared to other shopping stores. Its competitors are stores like Burlington, Kmart, and Target (Vault, 2018). Analyzing financial statements, a person needs to factor in not only the company profit as well as earnings. The profit margin for 2018 is 10% the profit margin for the previous year was 9% (Nasdaq, 2018). Ross is a clothing store and their profit margin can increase of decrease because of competitors or economic reasons. Ross profit margin is low for this type of company. Ross can look at its operating expense to make sure it is not exceeding the company budget. Also, Ross can investigate its inventory because, it is not selling as expected.