Ross Stores

Ross Stores Reports First Quarter Earnings

Retrieved on: 
星期四, 五月 23, 2024
Fashion, Retail, Discount, Variety, Home Goods, Department Stores, Manufacturing, Textiles, ROST, Growth, PIN, Pressure, Ross Stores

Ross Stores, Inc. (NASDAQ: ROST) today reported earnings per share for the 13 weeks ended May 4, 2024 of $1.46 on net earnings of $488 million.

Key Points: 
  • Ross Stores, Inc. (NASDAQ: ROST) today reported earnings per share for the 13 weeks ended May 4, 2024 of $1.46 on net earnings of $488 million.
  • These results compare to earnings per share of $1.09 on net income of $371 million for the 13 weeks ended April 29, 2023.
  • Sales for the first quarter of 2024 grew 8% to $4.9 billion, up from $4.5 billion in the prior year period, with comparable sales up 3% versus last year.
  • Earnings results for the period were better-than-expected primarily due to lower expenses relative to our plan.”
    Ms. Rentler continued, “Operating margin of 12.2% rose 205 basis points compared to 10.1% in last year’s first quarter.

Ross Stores Announces Quarterly Dividend

Retrieved on: 
星期三, 五月 22, 2024
Footwear, Fashion, Retail, Other Retail, Discount, Variety, Home Goods, Department Stores, Ross Stores, ROST

Ross Stores, Inc. (NASDAQ: ROST) announced today that the Company’s Board of Directors declared a regular quarterly cash dividend of $0.3675 per common share, payable on June 28, 2024 to stockholders of record as of June 11, 2024.

Key Points: 

Ross Stores, Inc. (NASDAQ: ROST) announced today that the Company’s Board of Directors declared a regular quarterly cash dividend of $0.3675 per common share, payable on June 28, 2024 to stockholders of record as of June 11, 2024.

Ross Stores, Inc. Announces First Quarter 2024 Earnings Release and Conference Call

Retrieved on: 
星期四, 五月 9, 2024
Retail, Footwear, Home Goods, Fashion, ROST, Telephone, Ross Stores, Food delivery

Ross Stores, Inc. (NASDAQ: ROST) plans to release its first quarter 2024 earnings results on Thursday, May 23, 2024 at approximately 4:00 p.m. Eastern time.

Key Points: 
  • Ross Stores, Inc. (NASDAQ: ROST) plans to release its first quarter 2024 earnings results on Thursday, May 23, 2024 at approximately 4:00 p.m. Eastern time.
  • Participants may listen to a real-time audio webcast of the conference call on Thursday, May 23, 2024 at 4:15 p.m. Eastern time by visiting the Investors section of the Company’s website located at www.rossstores.com .
  • A recorded version of the call will also be available at the website address, as well as via a telephone recording at 201-612-7415, Passcode #13746503, through 8:00 p.m. Eastern time on May 30, 2024.

Boys & Girls Clubs of the Valley and Ross Stores Celebrated 10-Year Anniversary of "Help Local Kids Thrive" In-Store Fundraiser

Retrieved on: 
星期五, 四月 19, 2024
Boys & Girls Club, Achievement Medal, Clubhouse, Partnership, BGCA, Ross Stores, Associate, Workforce, Less, Boy, Power hour, Toy

PHOENIX, April 19, 2024 /PRNewswire/ -- Boys & Girls Clubs of The Valley (BGCAZ) and local Ross Stores Associates joined forces for a grand celebration of Ross' 10th annual "Help Local Kids Thrive" in-store fundraiser which raised more than $96,000 to support local Club kids.

Key Points: 
  • PHOENIX, April 19, 2024 /PRNewswire/ -- Boys & Girls Clubs of The Valley (BGCAZ) and local Ross Stores Associates joined forces for a grand celebration of Ross' 10th annual "Help Local Kids Thrive" in-store fundraiser which raised more than $96,000 to support local Club kids.
  • Boys & Girls Clubs of the Valley and Ross Stores celebrated Ross' 10th annual "Help Local Kids Thrive" fundraiser.
  • This year marks a significant milestone as BGCAZ celebrates the 10-year anniversary of Ross Stores' in-store fundraiser that benefits Boys & Girls Clubs in the area and nationwide.
  • Ross Stores and the Ross Stores Foundation are longtime partners of Boys & Girls Clubs of America and national sponsors of Power Hour , an after-school homework help and learning program.

Beyond price tags: What really drives consumer choices in fashion and footwear? Market Force study looks at top retail brands to uncover where consumers are spending and why

Retrieved on: 
星期四, 三月 21, 2024
Old Navy, Kohl's, Fabletics, Motivation, Growth, Ross Stores, Nike, CMSO, Risk, H&M, Research, Clothing, Club Monaco, Macy's, Walmart, TJ Maxx, Dillards, Sport, Burlington (department store), Retail

Almost 5,500 (N = 5,462) consumers provided feedback about their experiences across popular department stores and specialty retail brands, providing specific feedback on both clothing and footwear retailers.

Key Points: 
  • Almost 5,500 (N = 5,462) consumers provided feedback about their experiences across popular department stores and specialty retail brands, providing specific feedback on both clothing and footwear retailers.
  • Consumers rated the top department store brands, clearly indicating preference for those they felt were value leaders.
  • The top department store brands in order were: Kohls, TJ Max, Walmart, Macy's, Ross Stores and Target.
  • The lowest performers of the specialty retail store brands included Fabletics, Pacsun, Big 5 Sports, and Club Monaco.

Ross Stores Reports Results for Fourth Quarter and Fiscal 2023

Retrieved on: 
星期二, 三月 5, 2024
Retail, Discount, Variety, Department Stores, Fashion, ROST, Gasoline, Comparable, PIN, Housing, Ross Stores, Forecasting, Food, Pressure

Fiscal 2023 earnings per share for the 53 weeks ended February 3, 2024 grew to $5.56, up from $4.38 in the 52-week fiscal 2022 year ended January 28, 2023.

Key Points: 
  • Fiscal 2023 earnings per share for the 53 weeks ended February 3, 2024 grew to $5.56, up from $4.38 in the 52-week fiscal 2022 year ended January 28, 2023.
  • Net earnings for fiscal 2023 were $1.9 billion on sales of $20.4 billion, up from net earnings of $1.5 billion in fiscal 2022 on sales of $18.7 billion.
  • The sales results for both the 2023 fourth quarter and fiscal year included a $308 million benefit from the 53rd week.
  • Barbara Rentler, Chief Executive Officer, commented, “We are pleased with our fourth quarter sales and earnings results that were well ahead of our expectations.

Ross Stores Announces Fourth Quarter and Fiscal 2023 Earnings Release and Conference Call

Retrieved on: 
星期二, 二月 20, 2024
Jewelry, Other Retail, Manufacturing, Luxury, Discount, Variety, Department Stores, Fashion, Retail, Textiles, Home Goods, Footwear, ROST, Ross Stores, Telephone

Ross Stores, Inc. (NASDAQ: ROST) plans to release its fourth quarter and fiscal 2023 earnings results on Tuesday, March 5, 2024 at approximately 4:00 p.m. Eastern Time.

Key Points: 
  • Ross Stores, Inc. (NASDAQ: ROST) plans to release its fourth quarter and fiscal 2023 earnings results on Tuesday, March 5, 2024 at approximately 4:00 p.m. Eastern Time.
  • Participants may listen to a real-time audio webcast of the conference call on Tuesday, March 5, 2024 at 4:15 p.m. Eastern Time by visiting the Investors section of the Company’s website located at www.rossstores.com .
  • A recorded version of the call will also be available at the website address, as well as via a telephone recording at 201-612-7415, Passcode #13744604, through 8:00 p.m. Eastern Time on March 12, 2024.

Ross Stores Appoints Karen Fleming President and Chief Merchandising Officer of dd’s DISCOUNTS

Retrieved on: 
星期三, 一月 31, 2024
Home Goods, Fashion, Discount, Variety, Retail, Department Stores, Less, Growth, Ross Stores, ROST

Ross Stores, Inc. (NASDAQ: ROST) announced today that Karen Fleming has been promoted to President and Chief Merchandising Officer, dd’s DISCOUNTS effective April 1, 2024.

Key Points: 
  • Ross Stores, Inc. (NASDAQ: ROST) announced today that Karen Fleming has been promoted to President and Chief Merchandising Officer, dd’s DISCOUNTS effective April 1, 2024.
  • Ms. Fleming will report directly to Barbara Rentler, the Company’s Chief Executive Officer and be responsible for directing all aspects of merchandising at dd’s DISCOUNTS.
  • Brian Morrow, current President and Chief Merchandising Officer of dd’s will transition to a consultant role upon Ms. Fleming’s promotion.
  • Since September 2023, she served as Group Executive Vice President of Merchandising, dd’s.

Ross Stores Reports Third Quarter Earnings, Updates Fourth Quarter Guidance

Retrieved on: 
星期四, 十一月 16, 2023
Footwear, Retail, Discount, Variety, Department Stores, Home Goods, Food, Beverage, PIN, ROST, Ross Stores, Face, Forecasting

Sales for the 2023 third quarter were $4.9 billion, up from $4.6 billion in the prior year, with a comparable store sales gain of 5%.

Key Points: 
  • Sales for the 2023 third quarter were $4.9 billion, up from $4.6 billion in the prior year, with a comparable store sales gain of 5%.
  • Sales for the first nine months of 2023 were $14.4 billion, with comparable store sales up 4% over the prior year.
  • In addition, we are up against our most difficult quarterly sales comparisons versus 2022 in the fourth quarter.
  • This guidance range includes an approximate $0.02 per share unfavorable impact from the timing of expenses that benefited the third quarter.

Ross Stores Announces Quarterly Dividend

Retrieved on: 
星期三, 十一月 15, 2023
Fashion, Retail, Ross Stores, ROST, Holding company

Ross Stores, Inc. (NASDAQ: ROST) announced today that the Company’s Board of Directors declared a regular quarterly cash dividend of $0.335 per common share, payable on December 29, 2023 to stockholders of record as of December 5, 2023.

Key Points: 

Ross Stores, Inc. (NASDAQ: ROST) announced today that the Company’s Board of Directors declared a regular quarterly cash dividend of $0.335 per common share, payable on December 29, 2023 to stockholders of record as of December 5, 2023.