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...
The dd’s Discounts division of Ross Stores continues to add new locations, with multiple store openings slated for June 24. As part of its expansion initiatives, Ross reported will open a 17,000-square-foot dd’s Discount store in Salinas, CA; a 19,000-square-foot...
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...
In February and March, Ross Stores opened 11 namesake and eight dd’s Discounts stores in 13 of the United States. Both banners expanded in existing markets including those in California, Texas, and Florida, the company noted. For dd’s, growth also included...
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...
