Ryan Bulger's questions to ROSS STORES (ROST) leadership • Q2 2025
Question
Ryan Bulger, on behalf of Chuck Grom at Gordon Haskett, asked how much of the increased confidence in the back-half guidance stems from a more stable environment versus learnings from recent initiatives. He also inquired about customer trends by age, specifically regarding millennials and Gen Z.
Answer
COO Michael Hartshorn explained that the increased confidence is primarily due to having now purchased a substantial majority of merchandise for Q3 and Q4, providing a much clearer view of costs compared to earlier in the year. CEO James Conroy stated there was nothing significant to report regarding changes in customer age demographics.