Ross Stores

1. Changes in customer preferences or tastes: Ross Stores Inc. operates in a highly competitive retail sector. Any shifts in customer preferences or tastes, such as a greater preference for online shopping, could adversely affect its sales.

2. Economic downturns: Retail companies, like Ross Stores Inc., are particularly vulnerable to economic downturns. Reduced consumer spending and volatile economic conditions can impact the company’s sales and profitability.

3. Changes in currency exchange rates: Ross Stores Inc. is exposed to volatility in currency exchange rates as a large percentage of its sales is derived from outside the US. Fluctuations in exchange rates can negatively affect the company’s profitability.

4. Increases in operating costs: Operating costs, such as rent, labour, and property taxes, can increase over time. If these costs become too high, it can lead to a decrease in the company’s bottom line.

5. Competition: Ross Stores Inc. operates in a highly competitive retail environment. Resurgence of old rivals, as well as the emergence of new competitors, can pose a threat to the company’s market share and profitability.