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.
Ross Stores, Inc. (NASDAQ: ROST) announced the pricing of a public offering of $500 million in senior notes, split between $500 million due in 2026 at 0.875% interest and $500 million due in 2031 at 1.875%. The net proceeds will be used to repurchase outstanding senior notes ahead of previously announced tender offers, aiming to improve financial leverage. The offering is set to close on October 21, 2020, subject to conditions. The notes offering was executed under an effective registration statement with the SEC.
Ross Stores, Inc. (ROST) announced Reference Yields for its cash tender offers, increasing the Aggregate Tender Cap to $1 billion from $800 million. The Tender Offers aim to purchase senior notes listed in a priority table, with a total principal amount of up to $1 billion. The offers will expire on October 29, 2020. Key details include the Total Consideration based on Fixed Spread and Reference Yield for each series. No minimum tender condition is specified, and the company can waive or adjust terms as necessary. Investors can find more details in the Offer to Purchase document.
Ross Stores (NASDAQ: ROST) has announced the early tender results of its cash Tender Offers, now with an increased Aggregate Tender Cap of $1 billion. As of the early tender date on October 15, 2020, valid tenders included senior notes due 2024 to 2050, with varying principal amounts tendered. The Tender Offers allow for the purchase of up to the Aggregate Tender Cap, subject to acceptance priority levels. Investors can expect additional information regarding the total consideration for each series on October 16, 2020. The Offers will expire on October 29, 2020.
Ross Stores, Inc. (NASDAQ: ROST) announced the initiation of tender offers to purchase cash debt securities totaling up to $800 million for various senior notes due between 2024 and 2050. The tender offers will expire on October 29, 2020, with the early tender date set for October 15, 2020. Securities holders must validly tender to receive the total consideration, which includes an early tender payment of $30 per $1,000 principal amount. The company reserves the right to increase the aggregate tender cap, and payment for accepted securities will occur shortly after the expiration date.
Dublin, California -- Ross Stores, Inc. (NASDAQ: ROST) will release its second quarter 2020 earnings results on August 20, 2020, around 4:00 p.m. Eastern time. A conference call will follow at 4:15 p.m. Eastern time, where additional details about the results will be discussed. Investors can access a live audio webcast of the conference call via the company's website. A recorded version will also be available after the call and through a telephone recording service until August 27, 2020.
Ross Stores, Inc. (NASDAQ: ROST) will announce its first quarter 2020 earnings results on May 21, 2020, at approximately 4:00 p.m. Eastern time. A conference call will follow at 4:15 p.m. Eastern time to discuss additional details about the results. Investors can access a real-time audio webcast on the company's website and a recorded version will be available post-call. The telephone recording can be accessed until May 28, 2020.