Ross Stores Stock News

TARGETING APPROXIMATELY 90 OPENINGS IN 2025 DUBLIN, Calif. , March 10, 2025 /PRNewswire/ -- Ross Stores, Inc. opened 16 Ross Dress for Less® ("Ross") and three dd's DISCOUNTS® stores in 14 different states in March.

In an era where consumer confidence is being tested by inflation and rising living costs, off-price retailers like Burlington Stores and Ross Stores are doubling down on strategies that emphasize value and flexibility. Both companies have adapted to increased demand for discounts by balancing quality, strategic assortments, pricing and store growth.

Ross Stores, Inc. (NASDAQ:ROST ) Q4 2024 Earnings Conference Call March 4, 2025 4:15 PM ET Company Participants Connie Kao - Group VP, IR Jim Conroy - CEO Adam Orvos - EVP and CFO Michael Hartshorn - President and COO Conference Call Participants Matthew Boss - JPMorgan Chase & Co. Paul Lejuez - Citigroup Inc. Mark Altschwager - Robert W. Baird & Co. Lorraine Hutchinson - Bank of America Merril...

Discount retailer Ross Stores forecast annual sales and profit below estimates on Tuesday, joining its larger peers in indicating a dip in consumer demand due to rising inflationary pressures.

Ross Stores (ROST -0.61%), known for its off-price retail model, released fourth-quarter earnings for the fiscal year ending Feb. 3, 2025, on March 4, 2025. EPS exceeded analyst expectations, reaching $1.79 compared to the forecasted $1.66, aided by a one-time sale.

Shares of Ross Stores Inc. fell after hours on Tuesday after the discount retailer forecast the possibility of weaker same-store sales this year, following slowing trends over recent weeks as harsh weather kept people indoors last month and worries about the economy persisted.

DUBLIN, Calif.--(BUSINESS WIRE)--Ross Stores, Inc. (Nasdaq: ROST) today reported earnings per share for the 13 weeks ended February 1, 2025 of $1.79, compared with $1.82 per share for the 14 weeks ended February 3, 2024. Net income for the period was $587 million, versus $610 million last year. Sales for the 13 weeks ended February 1, 2025 were $5.9 billion, with comparable store sales up 3% on...

DUBLIN, Calif.--(BUSINESS WIRE)--Ross Stores, Inc. (Nasdaq: ROST) announced today that Adam Orvos (60), will retire as Executive Vice President and Chief Financial Officer, effective September 30, 2025. William Sheehan (56), currently Group Senior Vice President, Finance, has been promoted to Deputy Chief Financial Officer and is expected to succeed Mr. Orvos as Chief Financial Officer on Octob...