05-21-2020, 09:50 PM
Ross Stores (ROST) suspends quarterly dividends
From the earnings call on 5/21/2020:
From the earnings call on 5/21/2020:
Quote:In addition, we also announced today the suspension of our quarterly dividend payments. We are also aggressively cutting costs throughout the company by minimizing non-business critical operating expenses, rightsizing our merchandise receipt and inventory plans and reducing capital expenditures to further enhance our liquidity.
=====
“Remember, things are never clear until it’s too late.”; Peter Lynch, One Up On Wall Street
“Remember, things are never clear until it’s too late.”; Peter Lynch, One Up On Wall Street