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.
Ross Stores, Inc. (NASDAQ: ROST) operates as a leading off-price retailer offering branded apparel, accessories, and home goods through its Ross Dress for Less and dd's DISCOUNTS banners. This page provides investors and stakeholders with a centralized hub for official corporate announcements, financial disclosures, and strategic developments.
Access timely updates on quarterly earnings, store expansions, leadership changes, and supply chain initiatives. Our curated news collection enables efficient tracking of ROST's performance in the competitive discount retail sector, including merchandise procurement strategies and consumer demand trends.
Key categories include earnings call transcripts, SEC filings, partnership announcements, and operational updates. Bookmark this page to monitor how Ross Stores maintains its market position through opportunistic inventory purchasing and cost-conscious retail practices while serving value-focused consumers nationwide.
Ross Stores, Inc. (NASDAQ: ROST) announced Q2 2022 earnings per share of $1.11 and net income of $385 million, compared to $1.39 and $494 million in Q2 2021. Total sales decreased to $4.6 billion from $4.8 billion, with comparable store sales down 7%. For the first half of 2022, EPS was $2.08 on $8.9 billion in sales. The company anticipates declining same-store sales for the second half and has adjusted its EPS guidance for the year to $3.84 to $4.12, down from $4.87 in 2021. CEO Barbara Rentler highlighted inflationary pressures and a promotional retail environment as key challenges.
Ross Stores, Inc. (NASDAQ: ROST) announced a quarterly cash dividend of $0.31 per share, payable on September 30, 2022 to stockholders of record as of September 6, 2022. The company reported fiscal 2021 revenues of $18.9 billion and operates 1,669 Ross locations and 311 dd’s DISCOUNTS stores across the U.S., offering significant savings on name-brand apparel and home fashions.
Ross Stores, Inc. (NASDAQ: ROST) is set to announce its second quarter 2022 earnings results on August 18, 2022, at 4:00 p.m. Eastern time. Interested parties can listen to the live conference call starting at 4:15 p.m. Eastern time on the company’s website. A recorded version will be available until August 25, 2022. In fiscal 2021, Ross reported revenues of $18.9 billion and operates the largest off-price apparel chain in the U.S., offering substantial savings of 20% to 60% off regular prices.
Ross Stores announced the opening of 29 new locations, including 21 Ross Dress for Less and 8 dd's DISCOUNTS stores across 12 states in June and July 2022. This expansion aligns with the company's plan to add around 100 new stores in fiscal 2022, comprising 75 Ross and 25 dd's DISCOUNTS. Currently, Ross operates a total of 1,980 stores across 40 states, aiming to grow to at least 2,900 Ross and 700 dd's locations over time. The company’s fiscal 2021 revenue reached $18.9 billion.
Ross Stores, Inc. (NASDAQ: ROST) reported Q1 2022 EPS of $0.97, down from $1.34 in Q1 2021, with net earnings at $338 million compared to $476 million the previous year. Sales decreased to $4.3 billion, a 4% decline, and comparable store sales fell 7%. The CEO cited external pressures, including inflation exacerbated by the Russia-Ukraine conflict. For Q2 2022, EPS is projected between $0.99 and $1.07, down from $1.39 last year, and full-year EPS is forecasted at $4.34 to $4.58, compared to $4.87 in 2021.
Ross Stores, Inc. (NASDAQ: ROST) declared a quarterly cash dividend of $0.31 per share, payable on June 30, 2022, to stockholders on record as of June 7, 2022. The company reported fiscal 2021 revenues of $18.9 billion. Operating 1,648 locations of Ross Dress for Less and 303 dd's DISCOUNTS stores across the U.S., Ross provides significant savings on name-brand apparel and home fashions, typically ranging from 20% to 60% off regular prices. The store chain continues to establish its presence as a leader in off-price retail.
Ross Stores, Inc. (NASDAQ: ROST) is set to release its first quarter 2022 earnings results on May 19, 2022, at approximately 4:00 p.m. Eastern time. An audio webcast of the earnings call will occur at 4:15 p.m. Eastern time on the same day. The company reported fiscal 2021 revenues of $18.9 billion, and operates the largest off-price apparel and home fashion chain in the United States, with substantial savings on brand-name products. Members of the public can access the earnings call via the company's website.
Ross Stores announced the opening of 22 Ross Dress for Less and eight dd's DISCOUNTS stores in February and March 2022. This expansion is part of the company's plan to add approximately 100 new stores during fiscal 2022, including 75 Ross and 25 dd's DISCOUNTS locations. Gregg McGillis, Executive VP, indicated that Ross aims for 2,900 stores and dd's DISCOUNTS for 700 stores due to rising consumer demand for value. Currently, Ross operates 1,952 locations across 40 states and Guam, with fiscal 2021 revenues of $18.9 billion.
Ross Stores reported Q4 earnings per share of $1.04 and net income of $367 million, down from $1.28 and $456 million in 2020. Sales reached $5.0 billion, with a 9% rise in comparable store sales versus 2019. For fiscal 2021, EPS was $4.87, with total sales growing 18% to $18.9 billion. The Board authorized a $1.9 billion stock repurchase and increased the quarterly dividend by 9% to $0.31. However, 2022 guidance indicates flat to 3% sales growth, with EPS projected between $4.71 and $5.12.
Ross Stores, Inc. (NASDAQ: ROST) will announce its fourth quarter and fiscal 2021 earnings results on Tuesday, March 1, 2022, at approximately 4:00 p.m. Eastern time. A live audio webcast will follow at 4:15 p.m. Eastern time, accessible via the Investors section of its website. Recorded access to the call will be available after the event until March 8, 2022. Ross operates over 1,800 stores across the U.S. and reported $12.5 billion in revenue for fiscal 2020.
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