Ross Dress for Less to Open a New Store in West Bend, Wisconsin

Ross Dress for Less will open a new store in West Bend on March 4, 2023.

(Neutral)

(Neutral)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

How Sentiment works How the balance works

Rhea-AI Summary

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.

Positive

New store opening in West Bend enhances market presence.
Continues expansion strategy with over 2,000 locations.
Strong revenue of $18.7 billion in fiscal 2022 demonstrates robust business performance.

Negative

None.

Argus Session date unavailable

+0.12% session move Open Argus

Details

News Market Reaction – ROST

The recorded move for ROST in the trading session of this news was +0.12%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

03/01/2023 - 08:30 AM EST

Dublin, California, March 1, 2023 – Ross Dress for Less^® ("Ross") will open a new store in West Bend on March 4, 2023. The 23,500 square foot store is located in the West Bend Corporate Center, at the southwest corner of Paradise Drive and Highway 45.

Together, Ross Dress for Less and dd's DISCOUNTS^® currently operate over 2,000 off-price apparel and home fashion stores in 40 states, the District of Columbia, and Guam.

Ross Stores, Inc. is an S&P 500, Fortune 500, and Nasdaq 100 (ROST) company headquartered in Dublin, California, with fiscal 2022 revenues of $18.7 billion. The Company operates Ross Dress for Less^® ("Ross"), the largest off-price apparel and home fashion chain in the United States in 40 states, the District of Columbia, and Guam. Ross offers first-quality, in-season, name brand and designer apparel, accessories, footwear, and home fashions for the entire family at savings of 20% to 60% off department and specialty store regular prices every day. The Company also operates dd's DISCOUNTS^® in 21 states that feature a more moderately-priced assortment of first-quality, in-season, name brand apparel, accessories, footwear, and home fashions for the entire family at savings of 20% to 70% off moderate department and discount store regular prices every day. Additional information is available at www.rossstores.com.

Contact:	Connie Kao
	Group Vice President, Investor & Media Relations
	(925) 965-4668
	connie.kao@ros.com

/PRNewswire -- March 1, 2023/

SOURCE Ross Stores, Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

When is the new Ross store opening in West Bend?

The new Ross store is opening on March 4, 2023.

What are the revenues of Ross Stores for fiscal 2022?

Ross Stores reported revenues of $18.7 billion for fiscal 2022.

How many stores does Ross Dress for Less operate?

Ross Dress for Less operates over 2,000 stores across 40 states, the District of Columbia, and Guam.

What discounts does Ross offer on their products?

Ross offers discounts ranging from 20% to 60% off regular prices.

Keep reading

Ross Dress for Less to Open a New Store in West Bend, Wisconsin