Ross Stores Inc - Company Profile
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Ross Stores Inc (Ross Stores) is an operator of discount retail stores. The company offers men, women, and kid’s apparel, fashion and lifestyle accessories, footwear, jewelry, gourmet food and cookware, bed and bath products, toys, home accessories, garden decor, furniture, luggage, and sporting goods. It operates through off-price retail apparel and home fashion stores banners such as Ross Dress for Less and dd’s DISCOUNTS. Ross Stores also provides gift cards and catalog selling services. The company merchandises products through brick-and-mortar stores and e-commerce platforms, rossstores.com and ddsdiscounts.com. It primarily operates through a network of stores in the US. Ross Stores is headquartered in Dublin, California, the US.
Headquarters
United States of America
Address
5130 Hacienda Drive, Dublin, California, 94568
Website
www.rossstores.com
Telephone
1 925 9654400
No of Employees
101,000
Industry
Retailing
Ticker Symbol & Exchange
ROST (NASD)
Revenue (2023)
$20.4B
9%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
24%
(2023 vs 2022)
Market Cap*
$45.6B
Net Profit Margin (2023)
XYZ
13.7%
(2023 vs 2022)
* As of and is in US$
Ross Stores Inc premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Apparel and Fashion Accessories | Gift Cards |
| Home decor Products | |
| Educational Toys and Games | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Plans/Strategy | In March, the company announced its plans to launch 90 new stores in 2024. |
| 2023 | Corporate Changes/Expansions | In October, the company opened 43 Ross Dress for Less and eight dd's DISCOUNTS stores in the US. |
| 2023 | Corporate Changes/Expansions | In July, the company opened 18 Ross Dress for Less and nine dd's DISCOUNTS stores across 14 different states. |
Competitor Comparison
| Key Parameters | Ross Stores Inc | Target Corp | The TJX Companies Inc | Dollar General Corp | Macy's Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Dublin | Minneapolis | Framingham | Goodlettsville | New York City |
| State/Province | California | Minnesota | Massachusetts | Tennessee | New York |
| No. of Employees | 101,000 | 440,000 | 329,000 | 170,000 | 85,581 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Michael Balmuth | Chairman | Executive Board | 2023 | 73 |
| Barbara Rentler | Chief Executive Officer; Vice Chairman | Executive Board | 2021 | 66 |
| Michael J. Hartshorn | Chief Operating Officer; Director; President | Executive Board | 2021 | 56 |
| Adam Orvos | Executive Vice President; Chief Financial Officer | Senior Management | 2021 | 59 |
| Michael Kobayashi | President; Chief Capability Officer | Senior Management | 2022 | 59 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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