by Mike Duff | Sep 11, 2024 | Retail Articles
Ross Stores announced merchandising leadership changes at its Ross Dress for Less and dd’s Discounts divisions the company said are intended to strengthen the execution of its off-price strategies and drive profitable market-share gains. Effective December 1,...
by Mike Duff | Aug 23, 2024 | Retail Articles
Despite financial pressure on a core shopper coping with the effects of inflation, Ross Stores posted higher than anticipated sales and earnings for the second quarter. Net earnings were $527.1 million, or $1.59 per diluted share, versus $446.3 million, or $1.32 per...
by Mike Duff | Jul 22, 2024 | Retail Articles
Ross Stores has completed its latest expansion phase, adding 21 Ross Dress for Less and three dd’s Discount locations across the United States. The stores opened across 17 different states from California to New York during June and July, the company pointed...
by Peter Giannetti | May 24, 2024 | Featured News, Retail Articles
Ross Stores beat first-quarter Wall Street estimates, but company executives said macroeconomic headwinds continued to squeeze the retailer’s top-line performance. Net earnings were $488 million, or $1.46 per diluted share, versus $371.2 million, or $1.09 per diluted...
by Mike Duff | Mar 15, 2024 | Retail Articles
Ross Stores reported plans to open some 90 stores in 2024, starting with debut of 11 Ross Dress For Less and seven dd’s Discounts stores in 11 states during February and March. As off-price outlets continue to grow their bricks and mortar operations, Ross has...
