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Ross Stores Inc. (NASDAQ: ROST)

Apparel Retail · Dublin, CA, United States · Founded 1982

$50.0B
Market Cap
$21.0B
Revenue
110,000
Employees
$2.0B
Net Income
📋 About Ross Stores Inc.

Ross Stores operates Ross Dress for Less and dd's DISCOUNTS, two off-price retail chains that sell branded apparel, footwear, and home goods at 20-60% below department store prices. With over 2,000 locations, Ross is the second-largest off-price retailer in the US behind TJX Companies. The company's no-frills store format and opportunistic buying model keep costs low and treasure-hunt appeal high.

💰 How Ross Stores Inc. Makes Money

Ross buys excess inventory, closeouts, and overruns from brands and manufacturers at deep discounts, then sells them at prices below traditional retail. The model thrives on supply chain inefficiencies in the broader retail industry.

📜 Key Milestones

Ross was founded in 1982 in Newark, California. The company launched dd's DISCOUNTS in 2004 to target a more value-oriented demographic. Ross has consistently grown store count and same-store sales through economic cycles, proving the off-price model's resilience in both recessions and expansions.

📊 Financial Overview
Market Capitalization$50.0B
Annual Revenue$21.0B
Net Income$2.0B
Profit Margin10%
Revenue per Employee$190909K
Stock ExchangeNASDAQ
Ticker SymbolROST

Financial data is approximate and based on most recent annual filings.

💡 Did You Know?

Ross spends almost nothing on advertising compared to traditional retailers—the treasure-hunt experience and word-of-mouth drive traffic. The company's inventory turns faster than most department stores despite having no e-commerce business.

📝 Analyst Take

Ross is a cockroach stock in the best sense—it thrives in any economic environment because consumers always want a deal. The lack of e-commerce is a deliberate strategic choice, not a weakness, and the white space for new stores remains substantial.

❓ Frequently Asked Questions

What is Ross Stores Inc.'s revenue?

Ross Stores Inc. generates approximately $21.0 billion in annual revenue.

How many employees does Ross Stores Inc. have?

Ross Stores Inc. employs approximately 110,000 people worldwide.

What is Ross Stores Inc.'s market cap?

Ross Stores Inc. (ROST) has a market capitalization of approximately $50.0 billion on the NASDAQ.

When was Ross Stores Inc. founded?

Ross Stores Inc. was founded in 1982 and is headquartered in Dublin, CA, United States.

Who is the CEO of Ross Stores Inc.?

Barbara Rentler is the current CEO of Ross Stores Inc..

What is Ross Stores Inc.'s website?

Ross Stores Inc.'s official website is rossstores.com.