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I've been looking at this stock for a few weeks now. It seems pretty attractive, so just for kicks I ran it through some of the Rule Maker criteria using their most recent 10Q. I also ran some of the numbers on TJ Maxx, which seems like their most similar competitor.

Ross TJMaxx
Sales Growth 13% 11%
Gross Margins 30% 25%
Net Margins 6.2% 6.0%
Cash-to-Debt 1.63 0.72
Flow Ratio 1.26 1.11
Cash King Margin 2.6% -0%
Return on Equity 35.9% 45.8%

For discount retailers, these numbers seem pretty good. For instance, their gross and net margins are higher than Wal-Mart's. The Cash King Margins increase to 4.4% and 3.9% if you use their annual reports instead of the most recent quarter. Ross seems to have a better handle on its debt and Cash King Margins than TJ Maxx, though the latter has a better Flowie and higher return on equity.

Retail seems to be coming back into fashion (sorry) if you look at Abercrombie and Fitch, Chico's, or Braun's. Those are all full-price retailers, but it seems plausible that there may be a trickle-down effect for discount retailers.

Any thoughts?

BTW, I pulled the trigger today hoping that the market overreacted to June's same-store sales.
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