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...
by Mike Duff | Jul 22, 2024 | Retail Articles
Ross Stores has completed its latest expansion phase, adding 21 Ross Dress for Less and three dd’s Discount locations across the United States. The stores opened across 17 different states from California to New York during June and July, the company pointed...
by Mike Duff | May 13, 2024 | Retail Articles
A range of retailers are preparing to release financial numbers during the next couple of weeks, and Placer.ai has compiled a list of their recent shopper traffic metrics that could provide a glimpse into the forthcoming results. The Placer.ai traffic tracker has...
by Mike Duff | Mar 15, 2024 | Retail Articles
Ross Stores reported plans to open some 90 stores in 2024, starting with debut of 11 Ross Dress For Less and seven dd’s Discounts stores in 11 states during February and March. As off-price outlets continue to grow their bricks and mortar operations, Ross has...
by Mike Duff | Mar 6, 2024 | Retail Articles
For the fourth quarter, Ross Stores beat Wall Street earnings and sales forecasts as comparable sales gained substantially. Net earnings for the 14-week fourth quarter were $609.7 million, or $1.82 per diluted share, versus $447 million, or $1.31 per diluted share, in...
