Ross Stores Inc news and archive

Ross Stores Q3 comparable sales increase 3 percent

American off-price retailer Ross Stores said on Tuesday its Q3 revenue for 2018 increased by 7 percent, while comparable store sales were up 3 percent. Profit increased by 23.4 percent from the same period last year. The company’s sales in Q3 2018 were 3.5 billion US dollars, up from 3.3 billion US dollars a year earlier. Net earnings increased...

Management

Ross Stores Q2 revenues jump 9 percent

American off-price retailer Ross Stores said on Thursday its Q2 revenue for 2018 increased by 9 percent, while net earnings rose by 23.1 percent from the same period last year. For the six month period, the company's sales rose 9 percent to 7.3 billion dollars and net earning were 808 million dollars compared to 638 million dollars last year....

Retail

Ross Stores Inc opens 30 new locations across the US

Ross Stores Inc.’s expansion plans are going full steam ahead. The company has opened 22 Ross Dress for Less stores and eight DD’s Discounts stores across 12 different states and Washington, DC, in June and July alone. In total, Ross Stores Inc. plans to open 100 new stores in 2018 -- 75 of them carrying the brand Ross Dress for Less, and 25 DD’...

Report

Ross Stores Q1 profits rise 30.2 percent

American off-price retailer Ross Stores said on Thursday its Q1 net profit for 2018 rose. Revenues increased by 8.6 percent from the same period last year. The company’s net profit for Q1 2018 was 418 million US dollars, up from 321 million US dollars a year earlier. Revenues rose to 3589 million US dollars. The profit margin of the company rose...