Ross Company profile
About Ross Stores, Inc.
Ross Stores, Inc. is engaged in operating two brands of off-price retail apparel and home fashion stores-Ross Dress for Less (Ross) and dd's DISCOUNTS. Ross is an off-price apparel and home fashion chain in the United States, with 1,629 locations in 40 states, the District of Columbia and Guam. Ross offers in-season, name brand and designer apparel, accessories, footwear, and home fashions for the entire family at savings of 20% to 60% off department and specialty store regular prices every day. The Company also operates 295 dd's DISCOUNTS stores in 21 states, which offers name brand apparel, accessories, footwear, and home fashions for the entire family at savings of 20% to 70% off department and discount store regular prices every day. The Company operated a total of 1,924 stores comprised of 1,629 Ross stores and 295 dd’s DISCOUNTS stores. The Company owns and operates distribution processing facilities.
Financial summary
BRIEF: For the fiscal year ended 29 January 2022, Ross Stores, Inc. revenues increased 51% to $18.92B. Net income increased from $85.4M to $1.72B. Revenues reflect Retail Sales, Total increase of 51% to $18.92B. Dividend per share increased from $0.29 to $1.14. Basic Earnings per Share excluding Extraordinary Items increased from $0.24 to $4.90.
Equity composition
Common Stock $.01 Par, 12/11, 600M auth., 228,640,974 o/s., net of 1,466,000 treasury @ Cost $46.5M. Insiders own 2%. Public Offering: 8/85, 3Mshares @ $17 by Morgan Stanley. 12/03, 9/99, 3/97, 2-for-1 stock splits. 12/11, 2-for-1 Stock split. 06/15, 2-for-1 Stock split.
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