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Ross Stores, Inc.

  • Ross Stores reaps rewards of solid Q4

    Dublin, Calif. – Costs and expenses did not grow at the same rate as sales during the fourth quarter of fiscal 2014 at Ross Stores Inc., resulting in significant net income growth compared to the prior year period. Ross Stores’ net earnings grew 14% to $248.53 million, from $217.95 million.

    Sales climbed 10% to $3.03 billion, from $2.74 billion. Same-store sales rose 6%.

  • dd's Discounts to open in Waco, Texas

    Dublin, Calif. -- dd’s Discounts, a division of Ross Stores, Inc., will open a new store in Waco, Texas. The new store is slated to open Feb. 28 and is located in the Parkdale Shopping Center at North Valley Mills Drive and Bosque Boulevard, 13 miles southwest of Baylor University.  

    Texas is the retailer’s second largest state with a total of 32 stores.  Including this new location, dd’s Discounts will operate over 155 locations in 15 states.
     

  • dd's Discounts to open in Oxnard, California

    Dublin, Calif. -- dd’s Discounts, a division of Ross Stores, Inc., will open a new store in Oxnard, California. The opening date is scheduled for Feb. 28.

    The new store is located in Fremont Square along North Ventura Road and Doris Avenue in North Oxnard.

    California is the retailer’s largest state with a total of 68 stores.  Including this new location, dd’s Discounts will operate 156 locations in 15 states.
     

  • dd's Discounts to open a new store in Jacksonville, Florida

    Dublin, Calif. -- dd’s Discounts, a division of Ross Stores, Inc., will open a new store in north Jacksonville, Florida.  The opening is slated for Feb. 28.

    The new store is located in Highland Square at Dunn Avenue and Monaco Drive off Interstate 95. Florida is the retailer’s third largest state with a total of 25 stores. Including this new location, dd’s Discounts will operate over 150 locations in 15 states.
     

  • Higher traffic drives growth for Ross Stores

    Stronger traffic and an increase in the size of the average basket are among the reasons Ross Stores’ CFO cited for the company's robust fourth quarter performance.

  • Exclusive: The Big Easy Does It

    By Kirsten Early, Partner and Director of Retail, SRSA Commercial Real Estate

  • Ross rolling, but holidays are worrisome

    Ross Stores didn’t let a surprisingly strong third quarter comp increase go to its head and maintained a cautious view of consumer spending.

    Sales at the company increased 8% to nearly $2.6 billion and same store sales increased 4%. Net income increased to $193 million, or 93 cents a share, from $172 million, or 80 cents a share.

  • Best of the Best: Top CEOs

    To some folks, he’s an innovator, a genius who has fundamentally transformed the retail equation. To others, he’s a bully. And now Jeff Bezos has a new label: the world’s best-performing CEO.

    The designation comes way of the Harvard Business Review’s 2014 ranking of the 100 best-performing CEOs. The list offers the only ranking of global CEOs’ performances over their entire tenure.

  • Harvard Business Review: And the best-performing CEO is…

    New York -- Harvard Business Review released its annual list of the 100 best-performing CEOs in the world, and heading up the list is Amazon chief Jeff Bezos.    
  • DD’s Discounts opens Houston store Sept. 27

    Dublin, Calif. – DD’s Discounts, a division of Ross Stores Inc., will open a new store in Houston, on Sept. 27. The store is located in the Mission Bend Shopping Center in the Mission Bend neighborhood.

    Including this new location, DD’s Discounts will operate more than 150 locations in 15 states and is on schedule to complete its expansion plan to open approximately 20 locations in 2014.

     

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