by Mike Duff | Feb 2, 2024 | Retail Articles
Ross Stores has promoted Karen Fleming to president and chief merchandising officer of its dd’s Discounts operation, effective April 1. She will report directly to Barbara Rentler, the company’s CEO. Fleming will direct all aspects of merchandising at dd’s Discounts,...
by Mike Duff | Nov 17, 2023 | Retail Articles
Value across its namesake and dd’s Discounts stores helped propel Rose Stores to a third-quarter Wall Street beat on sales and earnings. In the quarter, Ross posted net earnings of $447.3 million, or $1.33 per diluted share, versus $342 million, or $1 per diluted...
by Mike Duff | Aug 18, 2023 | Retail Articles
Strong home sales helped Ross Stores turn in a solid second quarter and top Wall Street estimates. Net earnings were $446.3 million, or $1.32 per diluted share, versus $384.5 million, or $1.11 per diluted share, in the year-prior quarter, Ross reported. An analyst...
by Mike Duff | Jun 21, 2023 | Retail Articles
Ross Stores’ board of directors has initiated a leadership succession plan through an agreement with Vice Chair and CEO Barbara Rentler that will extend through March 31, 2027. Under the plan, Rentler, who became Ross Stores CEO in 2014, will continue in that...
by Mike Duff | May 19, 2023 | Retail Articles
Ross had a solid quarter, with sales and earnings gaining enough to beat Wall Street estimates. The company posted net earnings of $371.2 million, or $1.09 per diluted share, versus $338.4 million, or 97 cents per diluted share, in the year-prior quarter. Comparable...
