ROSS STORES INC. overview

Ross Stores, Inc. (NASDAQ: ROST) today reported its financial results for the fiscal 2020 first quarter. Both sales and earnings reflect the closure of all Ross Dress for Less ® and dd’s DISCOUNTS ® locations starting on March 20 th through the quarter end due to the ongoing spread of COVID-19 throughout the United States. More recently, on May 14 th , the Company began a phased process of reopening stores on a market by market basis. This followed a careful review of current guidance from...

Ross Stores Donates $1,500,000 To COVID-19 Relief Efforts PR Newswire DUBLIN, Calif., April 24, 2020 DUBLIN, Calif. , April 24, 2020 /PRNewswire/ -- Ross Stores, Inc. (NASDAQ: ROST) announced today that the Company and the Ross Stores Foundation have jointly pledged $1,500,000 of donations to local and national organizations providing essential COVID-19 relief services, and additional support to our associates during these challenging times. Donations to the Company's nonprofit partners,...

Ross Stores, Inc. (NASDAQ: ROST) announced today further updates regarding the COVID-19 pandemic and additional steps management is taking in response to this rapidly-evolving situation. As a reminder, all Ross Dress for Less ® and dd’s DISCOUNTS ® locations have been closed since March 20 th . The Company had been hoping to reopen stores by April 4 th . Unfortunately, the increasing spread of the coronavirus prevents it from doing so. Given the unprecedented economic disruption created by...

Ross Stores, Inc. (NASDAQ: ROST) announced today that given the rapidly escalating developments related to the COVID-19 pandemic, the Company will now temporarily close all Ross Dress for Less ® and dd’s DISCOUNTS ® locations throughout the United States effective March 20, 2020 through April 3, 2020. In support of our associates during this time of uncertainty, we are currently providing up to two weeks of continued pay for any full-time or hourly associate who cannot work due to a COVID-19...

Ross Stores, Inc. (NASDAQ: ROST) provided a business update today in response to the impact of COVID-19 on the Company’s operations. While February sales were ahead of its expectations, the Company has experienced a broad-based deceleration in sales trends over the past week from the continued spread of the virus throughout the country and the mandatory closure of stores in certain markets. Further, additional store closures are expected. As a result of this unprecedented period of...

Ross Stores, Inc. (Nasdaq: ROST) announced today that Patricia H. Mueller and Larree M. Renda have been elected to its Board of Directors effective immediately. Ms. Mueller, age 57, has over three decades of experience, most recently serving as Chief Marketing Officer and Senior Vice President, Advertising and Marketing for The Home Depot, Inc. from 2011 to 2016. Prior to joining The Home Depot in 2009, she held senior marketing and strategic development roles at The Sports Authority Inc.,...

Ross Stores To Open 100 New Locations In 2020 Added 19 Ross Dress for Less and Seven dd's DISCOUNTS in First Quarter PR Newswire DUBLIN, Calif., March 9, 2020 DUBLIN, Calif., March 9, 2020 /PRNewswire/ -- Ross Stores recently opened 19 Ross Dress for Less ® ("Ross") and seven dd's DISCOUNTS ® stores across nine different states in February and March. These new locations are part of the Company's plans to add approximately 100 new stores – 75 Ross and 25 dd's DISCOUNTS locations – during...

Ross Stores, Inc. (Nasdaq: ROST) today reported earnings per share for the 13 weeks ended February 1, 2020 grew 7% to $1.28 on net income of $456 million. Sales for the fourth quarter of 2019 were $4.4 billion, with comparable store sales up 4% on top of a 4% gain in the prior year period. For the 2019 fiscal year, earnings per share increased 8% to $4.60, compared to $4.26 in the prior year. Net income for the period was $1.7 billion, up from $1.6 billion last year. Sales for the 2019 year grew...

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Ross Stores, Inc. (Nasdaq: ROST) announced today that Bernie Brautigan, President, Merchandising of Ross Dress for Less since 2016, is leaving the Company. Senior merchant executives under his areas of responsibility will now report to Chief Executive Officer Barbara Rentler. In commenting, Ms. Rentler said, “Bernie has made numerous valuable contributions over his 16-year career as a merchandising executive at Ross Dress for Less. We thank him and wish him well in his future endeavors.” Ms....

Ross Stores Opens 42 New Locations Completes 2019 Store Growth Plans PR Newswire DUBLIN, Calif., Oct. 14, 2019 DUBLIN, Calif. , Oct. 14, 2019 /PRNewswire/ -- Ross Stores , Inc. announces the recent opening of 30 Ross Dress for Less ® ("Ross") and 12 dd's DISCOUNTS ® stores across 19 different states in September and October. These new locations complete the Company's store growth plans for fiscal 2019 with the addition of 98 new stores. "This fall, we continued to expand our Ross and dd's...

Ross Dress for Less to Open a New Store in Minot, North Dakota PR Newswire Oct. 11 Dublin, California , October 11, 2019 – Ross Dress for Less ® ("Ross") will open a new store in Minot on October 12, 2019 . The 18,000 square foot store is located at Dakota Square Mall at the southeast corner of U.S. Highway 2 and 16 th Street. With this new opening, Ross will operate three stores in North Dakota and a total of 1,551 locations. Together, Ross Dress for Less ® and dd's DISCOUNTS ® currently...

Ross Dress for Less to Open a New Store in Gonzales, Louisiana PR Newswire Oct. 9 Dublin, California , October 9, 2019 – Ross Dress for Less ® ("Ross") will open a new store in Gonzales on October 12, 2019 . The 22,000 square foot store is located at Cornerview Plaza at the southwest corner of U.S. Highway 61 and East Cornerview Street. With this new opening, Ross will operate 16 stores in Louisiana and a total of 1,549 locations. Together, Ross Dress for Less ® and dd's DISCOUNTS ®...

Ross Dress for Less to Open a New Store in Houston, Texas PR Newswire Oct. 8 Dublin, California , October 8, 2019 – Ross Dress for Less ® ("Ross") will open a new store in Houston on October 12, 2019 . The 22,000 square foot store is located at Cypress Pointe at the northeast corner of FM 1960 and Cypress Station Drive. With this new opening, Ross will operate 203 stores in Texas and a total of 1,548 locations. Together, Ross Dress for Less ® and dd's DISCOUNTS ® currently operate over...