by Mike Duff | Oct 29, 2024 | Retail Articles
The Ross Stores board of directors named James Conroy as it next CEO, succeeding Barbara Rentler, who will move to an advisory role effective February 2, 2025. Conroy (pictured above) will join Ross on December 2 as CEO-elect. He also will become a board member at...
by Peter Giannetti | May 24, 2024 | Featured News, Retail Articles
Ross Stores beat first-quarter Wall Street estimates, but company executives said macroeconomic headwinds continued to squeeze the retailer’s top-line performance. Net earnings were $488 million, or $1.46 per diluted share, versus $371.2 million, or $1.09 per diluted...
by Mike Duff | Feb 2, 2024 | Retail Articles
Ross Stores has promoted Karen Fleming to president and chief merchandising officer of its dd’s Discounts operation, effective April 1. She will report directly to Barbara Rentler, the company’s CEO. Fleming will direct all aspects of merchandising at dd’s Discounts,...
by Mike Duff | Nov 17, 2023 | Retail Articles
Value across its namesake and dd’s Discounts stores helped propel Rose Stores to a third-quarter Wall Street beat on sales and earnings. In the quarter, Ross posted net earnings of $447.3 million, or $1.33 per diluted share, versus $342 million, or $1 per diluted...
by Mike Duff | Aug 18, 2023 | Retail Articles
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...
