ROSS CONTINUES EXPANSION WITH THE OPENING OF 17 STORES
Ross Stores (Nasdaq: ROST) opened 17 new locations in February–March 2026: 13 Ross Dress for Less and four dd's DISCOUNTS across 11 states.
Rhea-AI Summary
Ross Stores (Nasdaq: ROST) opened 17 new locations in February–March 2026: 13 Ross Dress for Less and four dd's DISCOUNTS across 11 states. These openings begin a fiscal 2026 plan to add ~110 stores (about 85 Ross and 25 dd's), targeting ~5% unit growth this year.
The company reported fiscal 2025 revenue of $22.8 billion, operates 1,917 Ross and 366 dd's DISCOUNTS, and reiterated a long-term path to 2,900 Ross and 700 dd's stores.
Positive
- Opened 17 new stores in Feb–Mar 2026 across 11 states
- Fiscal 2026 plan to add ~110 stores (~85 Ross, 25 dd's) representing ~5% unit growth
- Fiscal 2025 revenue $22.8B provides scale backing expansion
- Current footprint of 1,917 Ross and 366 dd's shows large distribution base
Negative
- None.
Details
News Market Reaction – ROST
In the Mar 9 session, ROST gained 0.19%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
- New stores opened
- 17 stores
- First wave of fiscal 2026 expansion during February and March
- Ross openings
- 13 stores
- Ross Dress for Less locations in first 2026 expansion wave
- dd's DISCOUNTS openings
- 4 stores
- dd's DISCOUNTS locations in first 2026 expansion wave
- Planned 2026 openings
- 110 new stores
- Fiscal 2026 plan, about 85 Ross and 25 dd's DISCOUNTS
- Planned unit growth
- 5%
- Target total unit growth in fiscal 2026
- Long-term Ross target
- 2,900 stores
- Stated long-term potential Ross Dress for Less locations
- Long-term dd's target
- 700 stores
- Stated long-term potential dd's DISCOUNTS locations
- Fiscal 2025 revenue
- $22.8 billion
- Company-reported fiscal 2025 revenues
Historical Context
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Q4 and full-year 2025 sales, margins, EPS came in above guidance.
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Announced timing and access details for Q4 and FY2025 earnings release.
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Reported the passing of former chairman and CEO Norman A. Ferber.
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Detailed Board chair transition and reduction of authorized Board seats.
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Q3 FY2025 EPS and sales exceeded prior year with raised guidance and buybacks.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
AI-generated analysis. How Rhea-AI works. Not financial advice.
EXPECTS 110 LOCATIONS IN 2026
"We are thrilled to kick off our 2026 expansion with new stores that bring great value to our customers and new jobs to communities across the country," said Richard Lietz, Executive Vice President, Property Development. "Following strong new store performance in 2025, these openings build on that momentum. We expanded Ross Dress for Less in the Mountain, Midwest, and Northeast regions while also strengthening our presence in key Sunbelt states. For dd's, we added new stores in our core markets of
In celebration of each opening and in keeping with the Company's longstanding commitment to supporting underprivileged youth, the Company made a donation to a local Boys & Girls Club or a First Book literacy partner. These contributions help deliver safe, supportive programming, reinforcing the Company's belief that strong communities start with strong opportunities for young people.
"Looking forward, we remain confident in our long-term growth potential and see a clear path to 2,900 Ross locations and 700 dd's DISCOUNTS stores across the country," said Mr. Leitz.
For more information on these new openings, please visit Ross Dress for Less Grand Openings and dd's DISCOUNTS Grand Openings.
About Ross Stores, Inc.
Ross Stores, Inc. is an S&P 500, Fortune 500, and Nasdaq 100 (ROST) company headquartered in
Contact: | Connie Kao |
Senior Vice President, Investor & Media Relations | |
(925) 965-4668 | |
View original content:https://www.prnewswire.com/news-releases/ross-continues-expansion-with-the-opening-of-17-stores-302707281.html
SOURCE Ross Stores, Inc.
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