Content about Ross Stores Inc.

September 26, 2014

DD’s Discounts, a division of Ross Stores Inc., will open a new store in Houston, on Sept. 27.

Dublin, Calif. – DD’s Discounts, a division of Ross Stores Inc., will open a new store in Houston, on Sept. 27. The store is located in the Mission Bend Shopping Center in the Mission Bend neighborhood.

Including this new location, DD’s Discounts will operate more than 150 locations in 15 states and is on schedule to complete its expansion plan to open approximately 20 locations in 2014.

 

September 25, 2014

DD’s Discounts, a division of Ross Stores Inc. will open its first store in Oklahoma, on Sept. 27.

Dublin, Calif. – DD’s Discounts, a division of Ross Stores Inc. will open its first store in Oklahoma, on Sept. 27. The store is located in the Windsor Hills Center in Oklahoma City.  

Including this new location, DD’s Discounts will operate more than 150 locations in 15 states and is on schedule to complete its expansion plan to open approximately 20 locations in 2014.

 

September 24, 2014

DD’s Discounts, a division of Ross Stores Inc. will open a new store in Las Vegas on Sept. 27. The store is located in the Winterwood Pavilion.

Dublin, Calif. – DD’s Discounts, a division of Ross Stores Inc. will open a new store in Las Vegas on Sept. 27. The store is located in the Winterwood Pavilion.

Including this new location, DD’s Discounts will operate 150 locations in 14 states and is on schedule to complete its expansion plan to open approximately 20 locations in 2014. Together, Ross Dress for Less and DD’s Discounts currently operate over 1,300 off-price apparel and home fashion stores in 33 states, the District of Columbia and Guam.

 

September 23, 2014

DD’s Discounts, a division of Ross Stores Inc. will open its first store in Louisiana on Sept. 27.

Dublin, Calif. – DD’s Discounts, a division of Ross Stores Inc. will open its first store in Louisiana on Sept. 27. The store is located in the Westside South Shopping Center in Gretna.

Including this new location, DD’s Discounts will operate approximately 150 locations in 14 states and is on schedule to complete its expansion plan to open approximately 20 locations in 2014.

September 22, 2014

DD’s Discounts, a division of Ross Stores Inc., will open a new store in Orlando on Sept. 27.

Dublin, Calif. – DD’s Discounts, a division of Ross Stores Inc., will open a new store in Orlando on Sept. 27. The store is located in the Century Plaza. 

Including this new location, DD’s Discounts will operate approximately 150 locations in 13 states and is on schedule to complete its expansion plan to open approximately 20 locations in 2014. Together, Ross Dress for Less and DD’s Discounts currently operate more than 1,300 off-price apparel and home fashion stores in 33 states, the District of Columbia and Guam.

September 19, 2014

dd’s Discounts, a division of Ross Stores, Inc., will open a new store in the California Central Valley on Sept. 27.

Dublin, Calif. -- dd’s Discounts, a division of Ross Stores, Inc., will open a new store in the California Central Valley on Sept. 27. The store is located in the Shaw Village Shopping Center in Clovis.  

Including this new location, dd’s Discounts will operate approximately 150 locations in 13 states and is on schedule to complete its expansion plan to open approximately 20 locations in 2014.

 

September 19, 2014

dd’s Discounts, a division of Ross Stores, Inc. will open a new store in Arizona, on Sept. 27.

Dublin, Calif. -- dd’s Discounts, a division of Ross Stores, Inc. will open a new store in Arizona, on Sept. 27. The store is located in the Squaw Peak Plaza in Phoenix.  

Including this new location, dd’s Discounts operates approximately 150 locations in 13 states and is on schedule to complete its expansion plan to open approximately 20 locations in 2014.

 

September 17, 2014

dd’s Discounts, a division of Ross Stores, Inc. will open a new store in Dallas on Sept. 27.

Dublin, Calif. --  dd’s Discounts, a division of Ross Stores, Inc. will open a new store in Dallas on Sept. 27.  The store is located at Skillman Abrams Crossing in North Dallas. 

Including this new location, dd’s DISCOUNTS will operate approximately 150 locations in 13 states. The company is on schedule to complete its expansion plan to open approximately 20 locations in 2014.

May 23, 2014

By controlling inventory and expenses, Ross Stores Inc. was able to report a 4% increase in net income during the first quarter of fiscal 2014 despite bad weather and other negative factors.

Dublin, Calif. – By controlling inventory and expenses, Ross Stores Inc. was able to report a 4% increase in net income during the first quarter of fiscal 2014 despite bad weather and other negative factors. Net income totaled $243.9 million, up from $234.6 million in the same period the prior year.

First quarter 2014 sales increased 6% to $2.68 billion, up from $2.54 billion in first quarter 2013. Same-store sales rose 1%. Ross Stores expects same-store sales to grow 1%-2% during the second quarter of fiscal 2014.

February 4, 2014

DD’s Discounts, a division of Ross Stores, Inc., will relocate its Arlington, Texas, store on Feb. 8.

Pleasanton, Calif. – DD’s Discounts, a division of Ross Stores, Inc., will relocate its Arlington, Texas, store on Feb. 8. The newly relocated store is in Four Corners Shopping Center.

Overall, DD’s Discounts operates 131 locations in 10 states, including 25 in Texas.

January 28, 2014

Ross Stores, Inc. has promoted Michael Hartshorn, 46 is being promoted to CFO, retaining his senior VP title, effective Feb. 2, 2014.

Dublin, Calif. – Ross Stores, Inc. has promoted Michael Hartshorn, 46 is being promoted to CFO, retaining his senior VP title, effective Feb. 2, 2014. Hartshorn will be responsible for the accounting, treasury, financial planning, tax, risk management and investor relations functions.

November 22, 2013

Ross Stores Inc. reported third-quarter profit of $171.6 million, up from $159.5 million a year earlier, on higher sales and gross margins.

Pleasanton, Calif. -- Ross Stores Inc. reported third-quarter profit of $171.6 million, up from $159.5 million a year earlier, on higher sales and gross margins. Looking ahead to the fourth quarter, the off-retailer forecast earnings below Street estimates and said it was adopting a more cautious outlook for the quarter.

August 23, 2013

Ross Stores Inc. reported a profit of $213 million for the second quarter, compared with $182 million last year and beating Wall Street’s expectations.

Pleasanton, Calif. -- Ross Stores Inc. reported a profit of $213 million for the second quarter, compared with $182 million last year and beating Wall Street’s expectations.

Revenue rose 9% to $2.5 billion, matching forecasts. Same-store sales edged up 4%, compared to a 7% rise in the same period last year. However, the retailer expressed caution about the months ahead.

March 21, 2013

Ross Stores Inc. said its fourth-quarter net income rose 23%, in line with analysts’ projections.

Pleasanton, Calif. -- Ross Stores Inc. said Thursday its fourth-quarter net income rose 23%, in line with analysts’ projections. The off-price retailer also announced that beginning with the second quarter of fiscal 2013 it will no longer report monthly sales. Instead, quarterly same-store store sales results will be provided with regularly scheduled earnings releases.
 

November 15, 2012

Ross Stores Inc. reported that net income rose 10.8% to $159.5 million in the third quarter, compared with $144 million a year earlier.

Pleasanton, Calif. -- Ross Stores Inc. reported Thursday that net income rose 10.8% to $159.5 million in the third quarter, compared with $144 million a year earlier.

Revenue rose 10.6% to $2.26 billion, missing Wall Street’s expected $2.34 billion in revenue. Same-store sales climbed 5%.

The retailer has reaffirmed its guidance for the fourth quarter.

August 17, 2012

Ross Stores Inc. reported that net income for the quarter ended July 28 jumped 23% to $182 million, from $148.3 million in the year-ago period.

Pleasanton, Calif. -- Ross Stores Inc. reported Thursday that net income for the quarter ended July 28 jumped 23% to $182 million, from $148.3 million in the year-ago period. Results met Wall Street expectations, but the company issued profit predictions for the current quarter and full year that were below average forecasts. Same-store sales rose 7% in the quarter.

May 3, 2012

Several apparel retailers, including Limited Brands, Zumiez and Ross Stores, posted better-than-expected sales in April.

New York -- Several apparel retailers, including Limited Brands, Zumiez and Ross Stores, posted better-than-expected sales in April. It was widely expected that an earlier Easter, which pushed demand into March, and cool weather would hurt sales.

Limited Brands, parent of Victoria’s Secret, reported a 7% rise in same-store sales for April, beating estimates.

Teen clothing retailer Zumiez also beat expectations with a 10.1% gain in April. The Buckle’s same-stores sales edged up 1% slightly higher than analysts' estimates.

March 15, 2012

Ross Stores Inc. reported that profit for the quarter ended Jan. 28 rose 19% to $192 million, from $161.8 million last year.

Pleasanton, Calif. -- Ross Stores Inc. reported Thursday that profit for the quarter ended Jan. 28 rose 19% to $192 million, from $161.8 million last year. A profitable holiday season helped boost the discounter’s results, which met Wall Street expectations.

Sales surged almost 12% to $2.4 billion, and same-store sales increased 7%.

For the full year, Ross reported a net income rise of 18% to $657.2 million. Sales increased 9% to $8.6 billion, with same-store sales up 5%.

March 5, 2012

A Ross Dress for Less executive suggested that the midwestern United States offers significant growth potential for the discounter.

St. Louis -- A Ross Dress for Less executive suggested that the midwestern United States offers significant growth potential for the discounter. In an interview on the St. Louis Today website, reported Monday, the company’s VP for the midwest region Fred Shuey said that Ross’s two just-opened St. Louis stores will be joined by more.

November 17, 2011

Ross Stores Inc. reported Thursday its third straight quarter of profits, as net income rose 18.6% to $144 million, from $121.4 million a year earlier.

Pleasanton, Calif. -- Ross Stores Inc. reported Thursday its third straight quarter of profits, as net income rose 18.6% to $144 million, from $121.4 million a year earlier. Results met Wall Street expectations.

“Operating our business on lower in-store inventories is driving faster turns and lower markdowns, which continues to benefit profit margins,” noted Michael Balmuth, CEO.

Revenue rose 9.2% to $2.05 billion, beating analysts’ predicted $2.03 billion in revenue.

November 17, 2011

Ross Stores Inc. reported Thursday its third straight quarter of profits, as net income rose 18.6% to $144 million, from $121.4 million a year earlier.

Pleasanton, Calif. -- Ross Stores Inc. reported Thursday its third straight quarter of profits, as net income rose 18.6% to $144 million, from $121.4 million a year earlier. Results met Wall Street expectations.

“Operating our business on lower in-store inventories is driving faster turns and lower markdowns, which continues to benefit profit margins,” noted Michael Balmuth, CEO.

Revenue rose 9.2% to $2.05 billion, beating analysts’ predicted $2.03 billion in revenue.

October 12, 2011

Stage Stores said it will launch a new off-price concept, called Steele’s, to be rolled out in small-town America.

Houston -- Stage Stores said Wednesday it will launch a new off-price concept, called Steele’s, to be rolled out in small-town America.

The first three stores are slated to open on Nov. 1, in Beeville, Texas; Bastrop, La.; and Minden, La.; the company said it plans to open an additional 25 to 35 new Steele’s stores in 2012.

October 4, 2011

Ross Dress for Less will celebrate its initial entry into the greater Chicago area with the grand opening of 12 stores on Saturday, Oct. 8.

Pleasanton, Calif. — Ross Dress for Less will celebrate its initial entry into the greater Chicago area with the grand opening of 12 stores on Saturday, Oct. 8.

"The opening of these 12 locations kicks off our entrance into the Midwest and our commitment to the greater Chicago area," said Michael O'Sullivan, president and COO for Ross Stores.

The offprice retailer will open stores in Algonquin, Arlington Heights, Bloomingdale, Crystal Lake, Matteson, Naperville, Niles, Orland Park, Rockford, Schaumburg, Skokie and South Elgin.

August 2, 2011

Ross Stores said Tuesday that it will simultaneously open 12 stores on Oct. 8, all located in the greater Chicago area.

Pleasanton, Calif. -- Ross Stores said Tuesday that it will simultaneously open 12 stores on Oct. 8, all located in the greater Chicago area.

The new Ross Dress for Less stores will open simultaneously in Algonquin, Arlington Heights, Bloomingdale, Crystal Lake, Matteson, Naperville, Niles, Orland Park, Rockford, Schaumburg, Skokie and South Elgin.

"We are excited to be entering the Chicago area, which will significantly expand our national footprint," said Michael Balmuth, vice chairman and CEO, Ross Stores.

July 6, 2011

Off-price retailer Ross Stores will celebrate the opening of its 1000th Ross Dress for Less store, in North Pleasant Hill, Calif., on July 16.

Pleasanton, Calif. -- Off-price retailer Ross Stores will celebrate the opening of its 1000th Ross Dress for Less store, in North Pleasant Hill, Calif., on July 16.

The new store is Ross’ 50th location in the Bay Area. The company operates more than 1000 Ross Dress for Less and dd's Discounts locations.