Ross Stores Corporate Profile

Ross Stores Corporate Profile

Financials

2019 Annual Revenue 
$16.04 Billion

2019 Gross Profit
$4.50 Billion

2019 Annual Net Income
$1.66 Billion

2019 Fiscal Year Revenue Growth
7.04%

2019 Number of Stores
1,805


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, as of 2018, Ross operates 1,483 stores in 37 U.S. states, the District of Columbia and Guam. 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. Ross also operates 259 dd’s Discounts in 19 states as of 2020. dd's Discouts 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.

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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