Ross Stores Corporate Profile

Ross Stores Corporate Profile



Financials

Current Annual Revenue 
$10.23 billion

Current Gross Profit
$2.87 billion

Current Annual Net Income
$837.30 million

2014 Fiscal Yr. Revenue Growth
5.24%


Credit Rating

S&P Rated: Investment Grade A-

Ross Stores Corporate Profile

Ross Corporate Profile

Ross Stores, Inc. (NASDAQ: ROST), which owns and operates Ross Dress for Less, Inc. and dd's Discounts, is the second-largest North American off-price retailer by both revenue and market cap. It is a component of the S&P 500, Fortune 500, and NASDAQ 100. The first store was opened by Morris Ross in 1950, and the company has grown to operate 1,173 stores throughout 33 states, Washington D.C., and Guam as of March 2014. Ross Dress for Less, Inc. retails name brand and designer apparel, accessories, footwear, and home decor at low prices by large-scale purchasing of overruns, goods returned by full-price retailers, canceled orders, closeouts, and other products at 20–70% below wholesale. Ross competes with other off-price retailers through strategic geographic positioning, strong vendor relationships, and efficiency in its systems and distribution infrastructure. Its stock price has increased by 640.93% over the last 10 years. dd’s Discounts opened in 2004, and now has 108 stores throughout eight different states. dd’s (Deep Discounts) retails brand name clothing, house ware, and furnishings at even lower prices than Ross Dress for Less. The dd’s brand emphasizes its positive impact on local communities in part by giving back through partnerships with First Book and the Boys and Girls Clubs of America. Ross Stores, Inc. (S&P A-) is the guarantor of dd’s leases.

ExchangeRight

1055 E. Colorado Blvd, Suite 310
Pasadena, CA 91106

Phone: (855) 317-4448
Fax: (877) 711-4047
Email: info@exchangeright.com

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