Ross Stores, Inc.
NASDAQ Global SelectCapital Structure
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in mil. unless spec.Company Description
- CEO
- James G. Conroy
- Full Time Employees
- 111,000
- Sector
- Consumer Cyclical
- Industry
- Apparel - Retail
- Address
- 5130 Hacienda Drive Dublin California CA United States of America 94568-7579
- IPO Date
- Aug 8, 1985
- CIK
- 0000745732
- Website
- rossstores.com
- Similar Companies
- Business
- Ross Stores, Inc. (Nasdaq: ROST) operates as the largest off-price apparel and home fashion retailer in the United States, offering branded and designer merchandise at 20-60% discounts from department and specialty store prices through its primary banners Ross Dress for Less and dd's DISCOUNTS; core products encompass women's, men's and children's apparel, footwear, accessories, handbags, beauty items, home fashions including bedding, bath, kitchen accessories, decorative housewares, furniture accents, toys and jewelry. The company targets middle-income households and price-conscious consumers aged 18-54, predominantly female, serving them via an opportunistic buying model that sources overstock, closeouts and manufacturer overruns for constantly changing inventory with weekly new arrivals of 10,000-15,000 items across 18,000-22,000 SKUs per store. Founded in 1950 as Ross Department Store and restructured into its modern off-price format in 1982 following acquisition by investors including Stuart Moldaw, Ross Stores maintains headquarters in Dublin, California, and conducts geographic operations across 44 U.S. states, the District of Columbia, Guam and Puerto Rico through 2,273 locations including 1,909 Ross Dress for Less and 364 dd's DISCOUNTS stores. In fiscal 2025, the company completed aggressive expansion plans by opening 90 net new stores—36 Ross Dress for Less and four dd's DISCOUNTS in September-October alone—entering new markets in Michigan, New Jersey and New York while advancing toward long-term targets of at least 2,900 Ross and 700 dd's locations; fiscal 2024 revenues reached $21.1 billion, reflecting 3.7% growth driven by 5% sales increase and 2% comparable store sales in Q2 2025. Ross Stores recently appointed James Conroy as CEO effective February 2, 2025, succeeding Barbara Rentler who led since 2014, and expanded distribution operations in York County amid ongoing efforts to enhance supply chain efficiency across seven centers. The retailer continues strategic growth with no major acquisitions or partnerships announced in the past 1-2 years, focusing instead on organic store development, inventory turnover of 5.2 times annually and community initiatives including over $46 million donated since 2015 to Boys & Girls Clubs of America.
Company News
Ross Stores and Target Are Winning Shoppers From Rivals
ROST Sees Strong Closeout Supply: Is Off-Price Set to Benefit?
Ross Stores Announces Changes to Board of Directors
James Grant Conroy Sells 49,205 Shares of Ross Stores (NASDAQ:ROST) Stock
NewEdge Advisors LLC Buys 5,012 Shares of Ross Stores, Inc. $ROST
Bank of America Corp DE Makes New Investment in Ross Stores, Inc. $ROST
Corient Private Wealth LP Sells 2,527 Shares of Ross Stores, Inc. $ROST
Wall Street Analysts Think Ross Stores (ROST) Is a Good Investment: Is It?
The Big 3: ROST, MRK, AAPL
Buy 5 High ROE Stocks as Rate Hike Fears Keep Markets at Bay
AlphaGrep UK Ltd Makes New $768,000 Investment in Ross Stores, Inc. $ROST
Here's Why Ross Stores (ROST) is a Strong Growth Stock
Ross Stores (ROST) Upgraded to Buy: Here's Why
TJX Just Dropped 11% in a Month. Is It Time to Sell?
Abercrombie & Fitch Soars 37% on a $100M Tariff Refund and Raised Guidance, Ross Stores Holds Flat
Should You Buy, Sell or Hold Ross Stores Stock Post Q2 Earnings?
Ross Stores: Forget The Tariff Tailwind; Organic Growth Is Even More Impressive
Ross Stores (ROST) Is Considered a Good Investment by Brokers: Is That True?
These 2 Retail and Wholesale Stocks Could Beat Earnings: Why They Should Be on Your Radar
Ross Stores (ROST) Price Forecast: Can ROST Break Above $245?