Michael Balmuth - Ross Stores Executive Chairman of the Board

ROST Stock  MXN 3,125  143.55  4.82%   

Chairman

Mr. Michael Balmuth is Executive Chairman of the Board of the Company. He has served as Executive Chairman since 2014 Vice Chairman of the Board and Chief Executive Officer of the Company from 1996 to 2014 President from 2005 to 2009 Executive Vice President, Merchandising from 1993 to 1996 Senior Vice President, Merchandising from 1989 to 1993. The Nominating and Corporationrationrate Governance Committee has noted Mr. Balmuth long history and extensive executive and merchandising experience with the Company. since 2014.
Age 72
Tenure 10 years
Phone925 965 4400
Webhttps://www.rossstores.com

Ross Stores Management Efficiency

The company has return on total asset (ROA) of 0.089 % which means that it generated a profit of $0.089 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.3522 %, meaning that it generated $0.3522 on every $100 dollars invested by stockholders. Ross Stores' management efficiency ratios could be used to measure how well Ross Stores manages its routine affairs as well as how well it operates its assets and liabilities.
Ross Stores has accumulated 2.45 B in total debt with debt to equity ratio (D/E) of 102.9, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Ross Stores has a current ratio of 1.31, which is within standard range for the sector. Debt can assist Ross Stores until it has trouble settling it off, either with new capital or with free cash flow. So, Ross Stores' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Ross Stores sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ross to invest in growth at high rates of return. When we think about Ross Stores' use of debt, we should always consider it together with cash and equity.

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Ross Stores, Inc., together with its subsidiaries, operates off-price retail apparel and home fashion stores under the Ross Dress for Less and dds DISCOUNTS brands. The company was founded in 1982 and is headquartered in Dublin, California. ROSS STORES operates under Apparel Stores classification in Mexico and is traded on Mexico Stock Exchange. It employs 88100 people. Ross Stores (ROST) is traded on Mexican Exchange in Mexico and employs 100,000 people.

Management Performance

Ross Stores Leadership Team

Elected by the shareholders, the Ross Stores' board of directors comprises two types of representatives: Ross Stores inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ross. The board's role is to monitor Ross Stores' management team and ensure that shareholders' interests are well served. Ross Stores' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Ross Stores' outside directors are responsible for providing unbiased perspectives on the board's policies.
Barbara Rentler, CEO, Director
Adam Orvos, Ex CFO
Michael Kobayashi, Pres Officer
Brian Morrow, President and Chief Merchandising Officer
Michael Hartshorn, CFO, Senior Vice President
Michael Balmuth, Executive Chairman of the Board
Ken Jew, Gen VP
Ken Caruana, Marketing Strategy
Norman Ferber, Chairman Emeritus
Connie Kao, Group Relations

Ross Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Ross Stores a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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Additional Tools for Ross Stock Analysis

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