Ross Stores (ROST)
Frequently Asked Questions About Ross Stores (ROST)
Does Ross Stores offer an online shopping option?
As of October 2023, Ross Stores does not offer a comprehensive online shopping platform. However, the company is continuously exploring ways to enhance its digital presence and cater to changing customer shopping preferences.
How does Ross Stores source its merchandise?
Ross Stores sources its merchandise through a variety of channels, including buying excess inventory from manufacturers, overstock from department stores, and discontinued items. The company's buying team focuses on securing high-quality products at low costs to maintain its competitive pricing.
How has Ross Stores adapted to changes in consumer behavior?
Ross Stores has adapted to changing consumer behavior by focusing on value, offering an ever-changing assortment of products, and enhancing the in-store experience. The company also pays close attention to customer feedback to ensure it meets shoppers' evolving preferences.
How many stores does Ross operate?
As of October 2023, Ross Stores operates over 1,600 locations across the United States under its Ross Dress for Less and dd's DISCOUNTS brands. The company continues to expand its footprint by opening new stores in various markets.
Is Ross Stores publicly traded?
Yes, Ross Stores is publicly traded on the Nasdaq stock exchange under the ticker symbol ROST. The company has been a publicly traded entity since 1985 and attracts investment from various institutional and retail investors.
What are dd's DISCOUNTS stores?
dd's DISCOUNTS is a retail chain owned by Ross Stores that offers a wider selection of discounted apparel, home goods, and accessories. These stores typically cater to budget-conscious shoppers looking for excellent deals on everyday items.
What are the future prospects for Ross Stores?
The future prospects for Ross Stores appear positive, given the company's strong market position, commitment to value, and growth strategies. As consumer preferences remain focused on affordability and quality, Ross is well-positioned for continued growth and profitability.
What are the growth strategies for Ross Stores?
Ross Stores focuses on several growth strategies, including expanding its store footprint, enhancing customer experience through improved layouts and merchandising, and maintaining a robust supply chain to attract leading brands as well as managing inventory efficiently.
What does Ross Stores do?
Ross Stores, Inc. operates as a nationwide off-price retailer of apparel and home fashion. The company offers a wide array of brand-name and designer merchandise at discounted prices, allowing customers to find quality products at significant savings compared to traditional department stores.
What financial performance metrics are important for Ross Stores?
Key financial performance metrics for Ross Stores include revenue growth, same-store sales growth, profit margins, and inventory turnover. These factors help investors assess the company's operational efficiency and overall financial health.
What initiatives does Ross Stores support in the community?
Ross Stores supports various community initiatives, including education, health, and disaster relief efforts. The company often engages in partnerships with local organizations and contributes to causes that align with its corporate values and community engagement goals.
What is the business model of Ross Stores?
Ross Stores operates on an off-price retail model, which means that it offers branded merchandise at a lower price than traditional retailers. The company buys excess inventory and discontinued merchandise from manufacturers and sells it at discounted prices, passing savings to consumers.
What is the corporate culture like at Ross Stores?
The corporate culture at Ross Stores emphasizes teamwork, integrity, and customer service. The company prides itself on fostering a supportive work environment where associates are encouraged to contribute ideas and take part in decision-making processes.
What is the mission statement of Ross Stores?
Ross Stores aims to provide customers with an appealing shopping experience by offering a wide selection of quality, branded merchandise at affordable prices. The company focuses on value and customer satisfaction while maintaining efficient operations.
What role does sustainability play in Ross Stores' operations?
Ross Stores is committed to sustainability and environmental responsibility through various initiatives, including reducing waste, optimizing energy use in stores, and promoting responsible sourcing practices. While the company recognizes the importance of sustainability, it is continually seeking ways to improve its practices.
What types of products does Ross Stores sell?
Ross Stores sells a diverse range of products, including women's, men's, and children's clothing, as well as accessories, home décor, footwear, and various seasonal items. The selection often includes high-quality, branded products at competitive prices.
When was Ross Stores founded?
Ross Stores, Inc. was founded in 1982, with its first store located in California. Since then, the company has grown to become a major player in the off-price retail sector, with hundreds of locations across the United States.
Who are Ross Stores' main competitors?
Ross Stores competes primarily with other off-price retailers such as TJ Maxx, Marshalls, and Burlington, as well as traditional department stores and discount retailers like Walmart and Target. The company's ability to offer lower prices is a key aspect of its competitiveness.
Who is the CEO of Ross Stores?
As of October 2023, Barbara Rentler is the CEO of Ross Stores. She has been with the company since 1986 and has held various leadership positions, contributing significantly to its growth and overall strategy.
What is the current price of Ross Stores?
The current price of Ross Stores is 131.40
When was Ross Stores last traded?
The last trade of Ross Stores was at 2:55 pm EDT on April 4th, 2025
What is the market capitalization of Ross Stores?
The market capitalization of Ross Stores is 46.92B
How many shares of Ross Stores are outstanding?
Ross Stores has 357.12M shares outstanding.