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. 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.
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