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 | 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...
by Mike Duff | Jul 18, 2022 | Retail Articles
In June and through mid-July, Ross Stores opened 29 locations under its two main banners as it keeps moving toward a planned 100-unit rollout by the end of 2022. The company debuted 21 Ross Dress for Less and eight dd’s Discounts stores across 12 of the United...
