Articles from Ross Stores, Inc.

Ross Stores, Inc. (Nasdaq: ROST) today reported earnings per share for the 13 weeks ended November 2, 2024 of $1.48, up from $1.33 per share for the 13 weeks ended October 28, 2023. Net income for the period rose to $489 million versus $447 million last year. Sales for the 2024 third quarter were $5.1 billion, up from $4.9 billion in the prior year, with a comparable store sales gain of 1%.

Ross Stores, Inc. (Nasdaq: ROST) announced today that the Company’s Board of Directors declared a regular quarterly cash dividend of $0.3675 per common share, payable on December 31, 2024 to stockholders of record as of December 10, 2024.

Ross Stores, Inc. (Nasdaq: ROST) plans to release its third quarter 2024 earnings results on Thursday, November 21, 2024 at approximately 4:00 p.m. Eastern time.

Ross Stores, Inc. (Nasdaq: ROST) announced today that its Board of Directors has appointed James Conroy (54), a seasoned retail CEO, as Chief Executive Officer, succeeding Barbara Rentler effective February 2, 2025. Initially, Mr. Conroy will join the Company on December 2, 2024 as Chief Executive Officer – Elect, when he will also become a member of the Board of Directors, reporting to Executive Chairman Michael Balmuth. Upon becoming CEO, he will report directly to the Company’s full Board of Directors.

Ross Stores, Inc. (Nasdaq: ROST) announced today merchandising leadership changes that the Company believes will strengthen the successful execution of its off-price strategies and drive profitable market share gains over the near and long term. Effective December 1, 2024:

Ross Stores, Inc. (Nasdaq: ROST) today reported earnings per share for the 13 weeks ended August 3, 2024 of $1.59 on net income of $527 million. These results compare to earnings per share of $1.32 on net income of $446 million for the 13 weeks ended July 29, 2023. Total sales for the 2024 second quarter increased 7% to $5.3 billion, up from $4.9 billion for the same period in 2023, with comparable store sales up 4% versus last year.

Ross Stores, Inc. (NASDAQROST) announced today that the Company’s Board of Directors declared a regular quarterly cash dividend of $0.3675 per common share, payable on September 30, 2024 to stockholders of record as of September 10, 2024.

Ross Stores, Inc. (Nasdaq: ROST) plans to release its second quarter 2024 earnings results on Thursday, August 22, 2024 at approximately 4:00 p.m. Eastern time.

Ross Stores, Inc. (NASDAQROST) today reported earnings per share for the 13 weeks ended May 4, 2024 of $1.46 on net earnings of $488 million. These results compare to earnings per share of $1.09 on net income of $371 million for the 13 weeks ended April 29, 2023. Sales for the first quarter of 2024 grew 8% to $4.9 billion, up from $4.5 billion in the prior year period, with comparable sales up 3% versus last year.

Ross Stores, Inc. (NASDAQROST) announced today that the Company’s Board of Directors declared a regular quarterly cash dividend of $0.3675 per common share, payable on June 28, 2024 to stockholders of record as of June 11, 2024.

Ross Stores, Inc. (NASDAQROST) plans to release its first quarter 2024 earnings results on Thursday, May 23, 2024 at approximately 4:00 p.m. Eastern time.

Ross Stores, Inc. (NASDAQROST) today reported earnings per share for the 14 weeks ended February 3, 2024 of $1.82, up from $1.31 per share for the 13 weeks ended January 28, 2023. Net income for the period rose to $610 million versus $447 million last year. Sales for the 14 weeks ended February 3, 2024 grew to $6.0 billion, with comparable store sales for the 13 weeks ended January 27, 2024 up a robust 7% over the same period last year.

Ross Stores, Inc. (NASDAQROST) plans to release its fourth quarter and fiscal 2023 earnings results on Tuesday, March 5, 2024 at approximately 4:00 p.m. Eastern Time.

Ross Stores, Inc. (NASDAQROST) announced today that Karen Fleming has been promoted to President and Chief Merchandising Officer, dd’s DISCOUNTS effective April 1, 2024. Ms. Fleming will report directly to Barbara Rentler, the Company’s Chief Executive Officer and be responsible for directing all aspects of merchandising at dd’s DISCOUNTS. Brian Morrow, current President and Chief Merchandising Officer of dd’s will transition to a consultant role upon Ms. Fleming’s promotion.

Ross Stores, Inc. (NASDAQROST) today reported earnings per share for the 13 weeks ended October 28, 2023 of $1.33, up from $1.00 per share for the 13 weeks ended October 29, 2022. Net income for the period rose to $447 million versus $342 million last year. Sales for the 2023 third quarter were $4.9 billion, up from $4.6 billion in the prior year, with a comparable store sales gain of 5%.

Ross Stores, Inc. (NASDAQROST) announced today that the Company’s Board of Directors declared a regular quarterly cash dividend of $0.335 per common share, payable on December 29, 2023 to stockholders of record as of December 5, 2023.

Ross Stores, Inc. (NASDAQROST) plans to release its third quarter 2023 earnings results on Thursday, November 16, 2023 at approximately 4:00 p.m. Eastern Time.

Ross Stores, Inc. (NASDAQROST) announced today that Stephen Brinkley, 50, has been named to the newly-created position of President, Operations with an expected start date of October 30, 2023. In his new role, Mr. Brinkley will report to Michael Hartshorn, Group President and Chief Operating Officer. His responsibilities will include Property Development, Stores, and Supply Chain. The Company’s Finance, Human Resources, Legal, Marketing, Strategy, and Technology organizations will continue to report directly to Mr. Hartshorn.

Ross Stores, Inc. (Nasdaq: ROST) announced today that its Board of Directors has approved the following changes to its Board leadership and composition effective September 1, 2023:

Ross Stores, Inc. (NASDAQROST) today reported earnings per share for the 13 weeks ended July 29, 2023 of $1.32 on net income of $446 million. These results compare to $1.11 per share on net earnings of $385 million for the 13 weeks ended July 30, 2022. Sales for the second quarter of 2023 were $4.9 billion versus $4.6 billion in the prior year period. Comparable store sales were up 5% versus down 7% in the second quarter of 2022.

Ross Stores, Inc. (NASDAQROST) announced today that the Company’s Board of Directors declared a regular quarterly cash dividend of $0.335 per common share, payable on September 29, 2023 to stockholders of record as of September 5, 2023.

Ross Stores, Inc. (NASDAQROST) plans to release its second quarter 2023 earnings results on Thursday, August 17, 2023 at approximately 4:00 p.m. Eastern Time.

Ross Stores, Inc. (Nasdaq: ROST) announced today that its Board of Directors has approved a new employment agreement with Barbara Rentler, Vice Chair and Chief Executive Officer, which will now extend through March 31, 2027. The new agreement provides for Ms. Rentler, 65, to continue as CEO through January 31, 2026. By that date, the Board expects to have selected her successor, and Ms. Rentler will become a Senior Advisor through the end of March 2027.

Ross Stores, Inc. (NASDAQROST) today reported earnings per share for the 13 weeks ended April 29, 2023 of $1.09 on net earnings of $371 million. These results compare to earnings per share of $0.97 on net income of $338 million for the 13 weeks ended April 30, 2022. Sales for the first quarter of 2023 were $4.5 billion, up from $4.3 billion in the prior year period. Comparable store sales were up 1%.

Ross Stores, Inc. (NASDAQROST) announced today that the Company’s Board of Directors declared a regular quarterly cash dividend of $0.335 per common share, payable on June 30, 2023 to stockholders of record as of June 6, 2023.

Ross Stores, Inc. (NASDAQROST) plans to release its first quarter 2023 earnings results on Thursday, May 18, 2023 at approximately 4:00 p.m. Eastern time.

Ross Stores, Inc. (NASDAQROST) today reported earnings per share for the fourth quarter ended January 28, 2023 of $1.31 on net income of $447 million. These results compare to earnings per share of $1.04 on net earnings of $367 million for the 13 weeks ended January 29, 2022. Sales for the fourth quarter of 2022 were $5.2 billion, with comparable store sales up 1% on top of a 9% increase for the same period in 2021.

Ross Stores, Inc. (NASDAQROST) plans to release its fourth quarter and fiscal 2022 earnings results on Tuesday, February 28, 2023 at approximately 4:00 p.m. Eastern time.

Ross Stores, Inc. (NASDAQROST) today reported earnings per share for the third quarter ended October 29, 2022 of $1.00 on net income of $342 million. These results compare to earnings per share of $1.09 on net income of $385 million for the 13 weeks ended October 30, 2021. Sales for the 2022 third quarter were $4.6 billion, in line with the prior year, with comparable store sales down 3% on top of a robust 14% gain for the same period in 2021.

Ross Stores, Inc. (NASDAQROST) announced today that the Company’s Board of Directors declared a regular quarterly cash dividend of $0.31 per common share, payable on December 30, 2022 to stockholders of record as of December 6, 2022.

Ross Stores, Inc. (NASDAQROST) plans to release its third quarter 2022 earnings results on Thursday, November 17, 2022 at approximately 4:00 p.m. Eastern time.

Ross Stores, Inc. (NASDAQROST) announced today that Edward G. Cannizzaro has been elected to its Board of Directors, effective October 14, 2022.

Ross Stores, Inc. (NASDAQROST) today reported earnings per share for the 13 weeks ended July 30, 2022 of $1.11 on net income of $385 million. These results compare to $1.39 per share on net earnings of $494 million for the 13 weeks ended July 31, 2021. Sales for the second quarter of 2022 were $4.6 billion versus $4.8 billion in the prior year period. Comparable store sales were down 7% on top of a robust 15% gain in the second quarter of 2021, which was the strongest period of last year.

Ross Stores, Inc. (NASDAQROST) announced today that the Company’s Board of Directors declared a regular quarterly cash dividend of $0.31 per common share, payable on September 30, 2022 to stockholders of record as of September 6, 2022.

Ross Stores, Inc. (NASDAQROST) plans to release its second quarter 2022 earnings results on Thursday, August 18, 2022 at approximately 4:00 p.m. Eastern time.

Ross Stores, Inc. (NASDAQROST) today reported earnings per share for the 13 weeks ended April 30, 2022 of $0.97 on net earnings of $338 million. The quarter includes an approximate benefit of $0.06 per share from the favorable timing of expenses that are expected to reverse in subsequent quarters. These results compare to $1.34 per share on net income of $476 million for the 13 weeks ended May 1, 2021. Sales for the first quarter of 2022 were $4.3 billion versus $4.5 billion in the prior year period. Comparable store sales declined 7% on top of a robust 13% gain in the first quarter of 2021 versus 2019.

Ross Stores, Inc. (NASDAQROST) announced today that the Company’s Board of Directors declared a regular quarterly cash dividend of $0.31 per common share, payable on June 30, 2022 to stockholders of record as of June 7, 2022.

Ross Stores, Inc. (NASDAQROST) plans to release its first quarter 2022 earnings results on Thursday, May 19, 2022 at approximately 4:00 p.m. Eastern time.

Ross Stores, Inc. (NASDAQROST) plans to release its fourth quarter and fiscal 2021 earnings results on Tuesday, March 1, 2022 at approximately 4:00 p.m. Eastern time.

Ross Stores, Inc. (NASDAQROST) today reported earnings per share for the third quarter ended October 30, 2021 of $1.09 on net income of $385 million. This compares to $1.03 per share on net earnings of $371 million for the 13 weeks ended November 2, 2019. Sales rose 19% to $4.6 billion, with comparable store sales up a strong 14%.

Ross Stores, Inc. (NASDAQROST) announced today that the Company’s Board of Directors declared a regular quarterly cash dividend of $0.285 per common share, payable on December 31, 2021 to stockholders of record as of December 7, 2021.

Ross Stores, Inc. (NASDAQROST) announced today that Adam Orvos, currently Group Senior Vice President, Supply Chain Administration, is being promoted to Executive Vice President and Chief Financial Officer effective October 1, 2021. In his new role, Mr. Orvos will be responsible for the Company’s accounting, treasury, financial planning, tax, corporate social responsibility, and investor relations functions. As CFO, he will report to Michael Hartshorn, Group President and Chief Operating Officer.

Ross Stores, Inc. (NASDAQROST) today reported earnings per share for the 13 weeks ended July 31, 2021 grew 22% to $1.39 on net income of $494 million. This compares to $1.14 per share on net earnings of $413 million for the 13 weeks ended August 3, 2019. Sales rose 21% to $4.8 billion, with comparable store sales up a robust 15%.

Ross Stores, Inc. (NASDAQROST) announced today that the Company’s Board of Directors declared a regular quarterly cash dividend of $0.285 per common share, payable on September 30, 2021 to stockholders of record as of September 7, 2021.

Ross Stores, Inc. (NASDAQROST) announced today that Travis Marquette, the Company’s Executive Vice President and Chief Financial Officer since 2019, has resigned effective immediately to accept a position with another company. The Company’s senior Finance executives will report to Michael Hartshorn, the Company’s Group President and Chief Operating Officer, until Finance leadership changes are announced in the coming months.

Ross Stores, Inc. (NASDAQROST) today reported earnings per share for the 13 weeks ended May 1, 2021 grew 17% to $1.34 on net income of $476 million. This compares to $1.15 per share or net earnings of $421 million for the 13 weeks ended May 4, 2019. Sales totaled $4.5 billion, with comparable store sales up a robust 13% versus 2019.

Ross Stores, Inc. (NASDAQROST) announced today that the Company’s Board of Directors declared a regular quarterly cash dividend of $0.285 per common share, payable on June 30, 2021 to stockholders of record as of June 8, 2021.