Welcome to our dedicated page for Ross Stores news (Ticker: ROST), a resource for investors and traders seeking the latest updates and insights on Ross Stores stock.
News and disclosures about Ross Stores, Inc. (Nasdaq: ROST) highlight the company’s role as a major off-price apparel and home fashion retailer and provide ongoing insight into its operations, governance, and financial performance. Headquartered in Dublin, California and identified as an S&P 500, Fortune 500, and Nasdaq 100 company, Ross Stores regularly issues press releases covering earnings, store growth, dividends, and leadership changes.
Investors following ROST news can review quarterly earnings announcements that summarize sales, comparable store performance, operating margins, and net earnings. These releases often include management commentary on merchandise assortment, customer response, marketing campaigns, and the impact of factors such as tariffs and macroeconomic conditions. They also outline guidance for upcoming quarters or fiscal years, along with discussions of key risks and uncertainties.
Company news also covers store expansion and development. Recent updates describe the opening of new Ross Dress for Less and dd’s DISCOUNTS locations across multiple states, completion of annual store growth plans, and expansion into additional markets within the Midwest, Northeast, and sunbelt regions. These announcements frequently restate the company’s store counts and geographic reach across 44 states, the District of Columbia, Guam, and Puerto Rico.
Additional Ross Stores news items include dividend declarations, specifying regular quarterly cash dividends and record and payment dates, as well as corporate governance and leadership succession updates, such as Board Chair transitions and Chief Financial Officer appointments. Community-focused releases, including charitable donations through the Ross Stores Foundation, provide further context on the company’s engagement with local communities.
By monitoring this news feed, readers can track how Ross Stores communicates its financial results, store growth, capital return programs, and leadership changes, all of which are relevant for understanding developments affecting ROST stock and the company’s position in the off-price retail sector.
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Ross Stores, Inc. has opened 11 new Ross Dress for Less and 8 dd's DISCOUNTS locations across 13 states in early 2023. This expansion aligns with the company's goal to establish approximately 100 new stores this fiscal year, including 75 Ross and 25 dd's DISCOUNTS. The company currently operates 2,034 locations and aims for long-term growth to 2,900 Ross locations and 700 dd's stores. Fiscal 2022 revenues were reported at $18.7 billion, highlighting Ross as the largest off-price apparel chain in the U.S. with significant savings ranging from 20% to 70% off retail prices.
Ross Dress for Less announces the opening of a new 18,000 square foot store in Paris, Texas, on March 4, 2023. This addition brings the total number of off-price apparel and home fashion stores operated by Ross and dd's DISCOUNTS to over 2,000 across 40 states, the District of Columbia, and Guam. With fiscal 2022 revenues of $18.7 billion, Ross Stores, Inc. remains a significant player in the retail sector, offering savings of 20% to 60% on various brand products. The company is headquartered in Dublin, California, and is a part of the S&P 500, Fortune 500, and Nasdaq 100.
Ross Stores will open a new store in Wasco, California on March 4, 2023. This 18,000 square foot store is located at Barker Square Shopping Center, positioned at the intersection of Highway 46 and Peters Street. Currently, Ross and dd's DISCOUNTS operate over 2,000 stores across 40 states, the District of Columbia, and Guam. In fiscal 2022, Ross Stores generated revenues of $18.7 billion. The company is recognized as the largest off-price apparel and home fashion chain in the United States, offering significant savings on quality name brand products.
Ross Dress for Less will open a new store in West Bend on March 4, 2023. The 23,500 square foot store is strategically located within the West Bend Corporate Center.
Ross and dd's DISCOUNTS together operate over 2,000 off-price apparel and home fashion stores across 40 states, the District of Columbia, and Guam. For fiscal 2022, Ross Stores reported revenues of $18.7 billion. The company offers significant discounts, ranging from 20% to 60% off regular prices, making it a leader in off-price retail.
Ross Stores, Inc. (NASDAQ: ROST) announced a strong fourth quarter ending January 28, 2023, with earnings per share of $1.31 and net income of $447 million, up from $1.04 and $367 million in the same quarter last year. Total sales reached $5.2 billion, with comparable store sales increasing by 1%. For the fiscal year, EPS was $4.38 on $18.7 billion in sales, a slight decline from 2021. The Board declared an 8% increase in the quarterly cash dividend to $0.335 per share, highlighting a commitment to shareholder value. However, the fiscal 2023 outlook remains cautious, projecting flat comparable store sales and EPS guidance of $4.65 to $4.95.
Ross Dress for Less will open a new store in Cornelia, Georgia, on March 4, 2023. This 20,000 square foot location is situated in the Habersham Crossing Shopping Center. Together with dd's DISCOUNTS, Ross operates over 2,000 off-price apparel and home fashion stores across 40 states, the District of Columbia, and Guam. In fiscal 2021, Ross Stores, Inc. reported revenues of $18.9 billion. The company is recognized for offering significant savings on brand-name items, with discounts ranging from 20% to 60% off regular prices.
Ross Dress for Less will open a new 18,500 square foot store in Mason City on March 4, 2023, located at the Willow Creek Crossing Shopping Center. This expansion adds to the company’s portfolio of over 2,000 off-price apparel and home fashion stores across 40 states, the District of Columbia, and Guam. Ross, part of NASDAQ: ROST, reported fiscal 2021 revenues of $18.9 billion. The company offers name brand and designer products with discounts of 20% to 60% off regular prices, serving the entire family. This new store aims to enhance local shopping options while contributing to the company’s growth.