Ross Stores Inc (OQ:ROST)
Business Focus: Apparel & Accessories Retailers
| Sector: Consumer Cyclicals | Industry: Apparel & Accessories Retailers |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 5130 Hacienda Drive DUBLIN CA 94568 |
| Tel: | N/A |
| Website: | https://www.rossstores.com |
| IR: | See website |
| Key People | ||
| Michael Balmuth Executive Chairman of the Board | Michael J. Hartshorn Group President, Chief Operating Officer, Director | Michael K. Kobayashi President, Chief Capability Officer |
| Barbara Rentler Chief Executive Officer, Vice Chairman of the Board | Adam M. Orvos Chief Financial Officer, Executive Vice President | Stephen Brinkley President - Operations | Karen Fleming President and Chief Merchandising Officer - dds Discounts |
| Business Overview |
| Ross Stores, Inc. is engaged in operating two brands of off-price retail apparel and home fashion stores-Ross Dress for Less (Ross) and dds DISCOUNTS. Ross is the off-price apparel and home fashion chain in the United States, with approximately 1,764 locations in 43 states, the District of Columbia, and Guam. Ross offers in-season, name brand and designer apparel, accessories, footwear, and home fashions for the entire family at savings of 20% to 60% off department and specialty store regular prices every day. Ross target customers are primarily from middle-income households. It also operates approximately 345 dds DISCOUNTS stores in 22 states. dds DISCOUNTS features more moderately-priced in- season, name brand apparel, accessories, footwear, and home fashions for the entire family at savings of 20% to 70% off moderate department and discount store regular prices every day. It operates a total of approximately 2,109 stores comprised of 1,764 Ross stores and 345 dd's DISCOUNTS stores. |
| Financial Overview |
| For the fiscal year ended 03 February 2024, Ross Stores Inc revenues increased 9% to $20.38B. Net income increased 24% to $1.87B. Revenues reflect Retail Sales, Total increase of 9% to $20.38B. Net income benefited from Interest Income increase from $77.7M to $238.2M (income), Capitalized interest increase from $5.7M to $12.1M (income). Dividend per share increased from $1.24 to $1.34. |
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