ROSS STORES INC. overview

Ross Stores, Inc. (NASDAQ: ROST) announced today the following changes to the composition and leadership of its Board of Directors: The Board expects to name George Orban as Chairman of the Board and Barbara Rentler, Chief Executive Officer, as Vice Chair. These Board leadership changes will become effective following the Company’s Annual Stockholders Meeting on May 19, 2021. Michael Hartshorn, Group President and Chief Operating Officer, has been elected to the Board effective March 10, 2021....

Ross Stores To Open 60 New Locations In 2021 PR Newswire DUBLIN, Calif., March 8, 2021 DUBLIN, Calif. , March 8, 2021 /PRNewswire/ -- Ross Stores recently opened four Ross Dress for Less ® ("Ross") and three dd's DISCOUNTS ® stores across five different states in February and March. These new locations are part of the Company's plans to add approximately 60 new stores – 40 Ross and 20 dd's DISCOUNTS locations – during fiscal 2021. "These recent openings reflect our ongoing plans to...

Ross Stores, Inc. (NASDAQ: ROST) announced today that Doniel Sutton has been elected to its Board of Directors effective March 11, 2021. Ms. Sutton has over 20 years of experience in human capital leadership and since 2020, has served as the Chief People Officer at Fastly, Inc. From 2011 to 2020, Ms. Sutton held several senior people strategy and operations roles at PayPal Holdings, Inc., eventually becoming Senior Vice President, People, where she was responsible for global human resources....

Ross Stores Donates $150,000 to American Red Cross Disaster Relief in Response to Winter Storms PR Newswire Mar. 3 Dublin, California , March 3, 2021 -- Ross Stores , Inc. (NASDAQ: ROST) announced today that in response to the winter storms in Texas and nearby states, the Ross Stores Foundation is making a $150,000 cash donation to the American Red Cross to support disaster relief. These funds will help provide shelter, food, emergency supplies, and services for people affected by disasters like...

Ross Stores, Inc. (NASDAQ: ROST) today reported earnings for the 13 weeks ended January 30, 2021 of $238 million or $0.67 per share. Sales for the fourth quarter of 2020 were $4.2 billion, with comparable store sales down 6%, reflecting the negative impact from the upsurge of COVID-19 during the peak holiday selling season. For the 2020 fiscal year, earnings per share were $0.24 on net income of $85 million, which includes a one-time, pre-tax charge of $240 million or $0.54 per share for the...

dd's DISCOUNTS to Open a New Store in Laredo, Texas PR Newswire Feb. 4 Dublin, California , February 4, 2021 – dd's DISCOUNTS ® , a division of Ross Stores , will open a new store in Laredo on February 6, 2021 . The 25,500 square foot store is located in the Rio Norte Shopping Center, southwest corner of Interstate 35 and Mann Road. With this new opening, dd's DISCOUNTS will operate 55 stores in Texas and a total of 276 locations in 21 states. Together, Ross Dress for Less ® and dd's...

dd's DISCOUNTS to Open a New Store in Cathedral City, California PR Newswire Feb. 3 Dublin, California , February 3, 2021 – dd's DISCOUNTS ® , a division of Ross Stores , will open a new store in Cathedral City on February 6, 2021 . The 19,000 square foot store is located in Cathedral City Marketplace, southwest corner of Date Palm Drive and Dinah Shore Drive. With this new opening, dd's DISCOUNTS will operate 110 stores in California and a total of 275 locations in 21 states. Together, Ross...

Ross Stores, Inc. (NASDAQ: ROST) today reported earnings for the 13 weeks ended October 31, 2020 of $0.37 per share versus $1.03 per share for the 13 weeks ended November 2, 2019. Net income was $131 million, compared to $371 million in the prior year period. These results include a one-time charge of $240 million or $0.65 per share impact to net earnings relating to the refinancing of $775 million in senior notes during the quarter. Third quarter 2020 sales declined 2% to $3.8 billion, with...

Ross Stores Opens 39 New Locations Completes 2020 Store Growth Plans PR Newswire DUBLIN, Calif., October 26, 2020 DUBLIN, Calif. , October 26, 2020 /PRNewswire/ -- Ross Stores announces the recent opening of 30 Ross Dress for Less ® ("Ross") and nine dd's DISCOUNTS ® stores across 17 different states in October. These new locations complete the Company's store growth plans for fiscal 2020 with the addition of 66 new stores. "We remain committed to growing our Ross and dd's footprints across...

dd's DISCOUNTS to Open a New Store in Cherry Hill, New Jersey PR Newswire Oct. 23 Dublin, California , October 23, 2020 – dd's DISCOUNTS ® , a division of Ross Stores , will open a new store in Cherry Hill on October 24, 2020 . The 21,000 square foot store is located in Cherry Hill Commons , northeast corner of Route 38 and Cuthbert Boulevard. With this new opening, dd's DISCOUNTS will operate two stores in New Jersey and a total of 275 locations in 21 states. Together, Ross Dress for Less ®...

Ross Stores, Inc. (NASDAQ: ROST) (the “ Company ”) today announced the closing on October 21, 2020 of its previously announced public offering of $500 million aggregate principal amount of 0.875% senior notes due 2026 (the “ 2026 notes ”) and $500 million aggregate principal amount of 1.875% senior notes due 2031 (the “ 2031 notes ”). The sale of the 2026 notes and 2031 notes resulted in net proceeds of approximately $987.2 million, after deducting underwriting discounts and...

Ross Stores, Inc. (NASDAQ: ROST) (the “ Company ”) today announced the expected settlement date of October 22, 2020 (the “ Early Settlement Date ”) and the Total Consideration (as set forth in the Offer to Purchase (as defined below)) to be paid at the Early Settlement Date, for the Securities (as defined below) that were validly tendered at or prior to the Early Tender Date (as set forth in the Offer to Purchase) and are accepted for purchase in connection with its previously announced...

Ross Stores, Inc. (NASDAQ: ROST) (the “ Company ”) today announced the pricing of a public offering of $500 million aggregate principal amount of senior notes due 2026 (the “ 2026 notes ”) and $500 million aggregate principal amount of senior notes due 2031 (the “ 2031 notes ” and together with the 2026 notes, the “ notes ”). The 2026 notes will be issued at a price to public of 99.436% of their principal amount and will bear interest at a rate of 0.875% per annum. The 2031 notes...

Ross Stores, Inc. (NASDAQ: ROST) (the “ Company ”) today announced the Reference Yields for its previously announced cash tender offers (the “ Tender Offers ”), in the order of priority set forth in the table below, for up to an aggregate principal amount of the outstanding senior notes listed in the table below (the “ Securities ”) such that the aggregate amount payable upon settlement (exclusive of accrued and unpaid interest) for all Securities purchased in the Tender Offers does...

dd's DISCOUNTS to Open a New Store in Columbia, South Carolina PR Newswire Oct. 16 Dublin, California , October 16, 2020 – dd's DISCOUNTS ® , a division of Ross Stores , will open a new store in Columbia on October 24, 2020 . The 22,000 square foot store is located in the Fashion Place Shopping Center, southeast corner of Decker Boulevard and Trenholm Road. With this new opening, dd's DISCOUNTS will operate three stores in South Carolina and a total of 270 locations in 20 states. Together,...