by Mike Duff | Jun 21, 2023 | Retail Articles
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...
by Mike Duff | May 19, 2023 | Retail Articles
Ross had a solid quarter, with sales and earnings gaining enough to beat Wall Street estimates. The company posted net earnings of $371.2 million, or $1.09 per diluted share, versus $338.4 million, or 97 cents per diluted share, in the year-prior quarter. Comparable...
by Mike Duff | Mar 8, 2023 | Retail Articles
Ross Stores beat Wall Street fourth-quarter estimates as consumers responded to the off-price retailer’s updated assortments and values, the company reported. Ross Stores posted a net income of $447 million, or $1.31, per diluted share for the quarter versus...
by Mike Duff | Nov 18, 2022 | Retail Articles
Although Ross Stores sales and earnings in its third quarter couldn’t surpass prior-year totals, the off-price retailer managed to beat Wall Street estimates for the quarter. In the period, Ross Stores posted net income of $342 million, or $1 per diluted share, versus...
by Mike Duff | Aug 19, 2022 | Retail Articles
Slower spending by lower to moderate income consumers hit Ross Stores second quarter results even if lower earnings were better than Wall Street anticipated. For the second quarter that ended July 30, Ross Stores reported earnings of $384.5 million, or $1.11 per...
