by Mike Duff | May 23, 2025 | Retail Articles
Ross Stores reported it exceeded Wall Street expectations in the first quarter while revising sales and earnings guidance citing the impact of tariffs and ongoing inflation. Net income was $479.2 million or $1.47 per diluted share, versus $488 million, or $1.46 per...
by Mike Duff | Mar 6, 2025 | Retail Articles
Ross Stores comparable sales gained in its fourth quarter, but earnings came up short year over year while still beating a Wall Street estimate. Ross earnings per share were $1.79 versus $1.82 per share for the year-prior quarter with net earnings at $586.8 million...
by Mike Duff | Feb 21, 2025 | Retail Articles
Ross Stores announced Adam Orvos will retire as executive vice president and CFO, effective September 30, 2025. William Sheehan, currently group senior vice president, finance, has been promoted to deputy CFO with the expectation he will succeed Orvos as CFO on...
by Mike Duff | Oct 29, 2024 | Retail Articles
The Ross Stores board of directors named James Conroy as it next CEO, succeeding Barbara Rentler, who will move to an advisory role effective February 2, 2025. Conroy (pictured above) will join Ross on December 2 as CEO-elect. He also will become a board member at...