Ross Stores recent financial reports demonstrate that less can be more when it comes to both top and bottom line performance. The clothing retailer with 633 stores operating under the Ross Dress for Less, Ross and dd's discounts banners in 26 states recently reported outstanding monthly, quarterly and annual figures with major improvements in total and same store sales as well as operating margins and earnings per share. What is your assessment of where Ross has been and where it is headed?

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