Strong home sales helped Ross Stores turn in a solid second quarter and top Wall Street estimates. Net earnings were $446.3 million, or $1.32 per diluted share, versus $384.5 million, or $1.11 per diluted share, in the year-prior quarter, Ross reported. An analyst...
Ross Stores’ board of directors has initiated a leadership succession plan through an agreement with Vice Chair and CEO Barbara Rentler that will extend through March 31, 2027. Under the plan, Rentler, who became Ross Stores CEO in 2014, will continue in that...
The dd’s Discounts division of Ross Stores continues to add new locations, with multiple store openings slated for June 24. As part of its expansion initiatives, Ross reported will open a 17,000-square-foot dd’s Discount store in Salinas, CA; a 19,000-square-foot...
In the first quarter, Ollie’s beat Wall Street sales and earnings estimates, posted solid comp gains and kept adding stores. Net income was $31 million, or 50 cents per diluted share, versus $12.5 million, or 20 cents per diluted share, in the prior-year quarter....
As it adds new formats to spur growth, Macy’s continues to expand its off-price operation, adding 10 new Backstage store-within-store locations throughout the United States opening from May through July. With a treasure-hunt-oriented, ever-changing assortment of...
