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Ross Stores, Inc. - ROST STOCK NEWS

Welcome to our dedicated news page for Ross Stores (Ticker: ROST), a resource for investors and traders seeking the latest updates and insights on Ross Stores.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Ross Stores's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Ross Stores's position in the market.

News
Rhea-AI Summary
Ross Stores, Inc. announced the opening of 11 Ross Dress for Less and seven dd's DISCOUNTS stores in various states in February and March. The company plans to add around 90 new stores in 2024, showcasing significant expansion efforts.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.09%
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none
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Rhea-AI Summary
Ross Stores, Inc. (ROST) reported strong fourth-quarter and fiscal year 2023 results, with earnings per share rising to $1.82 for the quarter and $5.56 for the year. Net income increased to $610 million for the quarter and $1.9 billion for the year. The company also announced a new two-year $2.1 billion stock repurchase program and a 10% increase in the quarterly cash dividend. Fiscal 2024 guidance projects earnings per share of $5.64 to $5.89 for the year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.7%
Tags
earnings
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Rhea-AI Summary
Ross Dress for Less to Open New Store in Cleveland on March 9, 2024
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.77%
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none
Rhea-AI Summary
Ross Stores, Inc. (ROST) is set to announce its Q4 and fiscal 2023 earnings on March 5, 2024. The earnings call will be available via webcast and telephone recording.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.26%
Tags
earnings
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Rhea-AI Summary
Ross Stores, Inc. (NASDAQ: ROST) has promoted Karen Fleming to President and Chief Merchandising Officer of dd’s DISCOUNTS, effective April 1, 2024. She will report directly to the CEO and be responsible for directing all aspects of merchandising. Brian Morrow, the current President, will transition to a consultant role. Ms. Fleming has almost 20 years of merchandise leadership roles in several businesses at Ross Dress for Less and has been with dd’s buying organization since 2022. Since September 2023, she served as Group Executive Vice President of Merchandising, dd’s. The CEO expressed confidence in Karen's ability to contribute to the long-term growth of dd’s DISCOUNTS.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.02%
Tags
management
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Rhea-AI Summary
Ross Stores, Inc. (NASDAQ: ROST) reported strong third-quarter results, with earnings per share of $1.33, up from $1.00 last year. Net income rose to $447 million from $342 million, and sales for the quarter were $4.9 billion, with a 5% increase in comparable store sales. For the first nine months of 2023, earnings per share were $3.74 on net earnings of $1.3 billion, and sales were $14.4 billion, with comparable store sales up 4% over the prior year. The company also provided guidance for the fourth quarter and fiscal 2023, expecting same store sales to be up 1% to 2% and earnings per share for the 14 weeks ending February 3, 2024 to be in the range of $1.56 to $1.62.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.22%
Tags
earnings
News
Rhea-AI Summary
Ross Stores, Inc. (NASDAQ: ROST) Declares $0.335 Quarterly Cash Dividend
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.08%
Tags
dividends
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Rhea-AI Summary
Ross Stores, Inc. (NASDAQ: ROST) will release its Q3 2023 earnings results on November 16, 2023, at 4:00 p.m. ET. A real-time audio webcast of the conference call will be available on the company's website. A recorded version of the call will also be accessible via telephone recording until November 24, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.48%
Tags
earnings
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Rhea-AI Summary
Ross Stores, Inc. announces the appointment of Stephen Brinkley as President, Operations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.41%
Tags
management
News
Rhea-AI Summary
Ross Stores completes 2023 store growth plans
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.5%
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none
Ross Stores, Inc.

Nasdaq:ROST

ROST Rankings

ROST Stock Data

49.55B
325.26M
2.01%
90.66%
1.16%
Family Clothing Stores
Retail Trade
Link
US
Dublin

About ROST

meet a fast-growing retail leader. over the past 30+ years, ross stores, inc. has grown from a six-store chain into an $11 billion, fortune 500 company. we operate our off price businesses in a way that keeps costs low so we can pass the savings to our customers. we continue to open new stores and our sales growth has outpaced traditional retailers for the past three years. ross dress for less® has 1,250+ stores in 33 states, the district of columbia and guam. dd’s discounts® has 165+ stores in 15 states. additional information is available at: www.rossstores.com www.ddsdiscounts.com