by Mike Duff | Nov 22, 2024 | Retail Articles
Headwinds limited Ross Stores’ gains in the third quarter, the company reported, even as its customers remain wary of discretionary spending. Net earnings for the quarter were $488.8 million, or $1.48 per diluted share, versus $447.3 million, or $1.33 per...
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 Mike Duff | Oct 21, 2024 | Retail Articles
Ross Stores opened 43 Ross Dress for Less and four dd’s Discounts stores across 22 states in September and October, completing the company’s store growth plans for fiscal 2024. In total, Ross opened 89 locations in markets across the United States this...
by Mike Duff | Sep 11, 2024 | Retail Articles
Ross Stores announced merchandising leadership changes at its Ross Dress for Less and dd’s Discounts divisions the company said are intended to strengthen the execution of its off-price strategies and drive profitable market-share gains. Effective December 1,...
by Mike Duff | Aug 23, 2024 | Retail Articles
Despite financial pressure on a core shopper coping with the effects of inflation, Ross Stores posted higher than anticipated sales and earnings for the second quarter. Net earnings were $527.1 million, or $1.59 per diluted share, versus $446.3 million, or $1.32 per...
