ROST - Ross Stores, Inc.

Company Overview

Name

Ross Stores, Inc.

Tickers

ROST

Exchanges

Nasdaq

Employees

108000

Founded

1982

Sector Information

Other Information

CIK

745732

Category

Large accelerated filer

1-Line Summary

Ross Stores, Inc. is the largest off-price retail chain in the U.S. offering brand name apparel and home fashions at significant discounts.

Company summary

Ross Stores, Inc. is a leading off-price retail company operating two brands: Ross Dress for Less and dd’s DISCOUNTS. With 1,764 Ross locations and 345 dd’s DISCOUNTS stores across the U.S., the company specializes in offering brand name and designer apparel, accessories, and home fashions at significant discounts—20% to 60% off regular prices for Ross, and 20% to 70% off for dd’s DISCOUNTS. The company targets value-conscious shoppers, primarily from middle-income households, and emphasizes an organized shopping environment and a treasure-hunt experience for customers looking for substantial savings on quality merchandise.

The business model focuses on off-price retailing, leveraging strategic purchasing techniques to acquire excess and canceled merchandise from manufacturers, allowing them to provide customers with significant discounts. Both brands operate independently in terms of merchant and store operations but share certain corporate services. Ross Stores aims to maintain competitive advantages through extensive vendor relationships, regular inventory turnover, and a flexible distribution model, positioning itself strongly within the highly competitive off-price retail industry.

Opportunities

Advantages

Risks

Latest reports

No reports found

Similar companies

No recommended companies available at the moment.

Disclaimer

NovusValue.com is not a broker or dealer, and none of its content represents recommendations to buy or sell securities. Information provided on the site is not intended as investment advice. Novus Value is not liable for damages from using its content, including investment losses. Past performance does not indicate future results, and information is not guaranteed for accuracy or completeness.