Ross Stores Inc

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Athletic players well positioned amid disruption

Deflationary pressures, the rise of Amazon and the expansion of off-price and fast fashion chains all have the potential to disrupt traditio...

New supply chain options key amid US port problems

As the threat of a US West Coast port shutdown looms, analysts already estimate the ongoing disruption could add an eye-watering US$36.9bn t...

Following fashion isn't the best sourcing strategy

Mike Flanagan | 30 Apr 2014

Retailers and brands are increasingly engineering their operations to make the most of changing trends affecting everything from sourcing to sales. But as Mike Flanagan points out, the model that works for one company is unlikely to work for another. Here he gives some examples.

Cheaper private label apparel "losing traction"

Richard Woodard | 28 Nov 2013

The growth of inexpensive private label apparel is ending as the sector becomes less and less competitive, according to new research.

Weather and economy drive US retail sales growth

Petah Marian | 10 May 2013

Improving weather in late April, combined with rising stock and housing prices, offered some encouragement to US clothing retailers as sales gained over the month.

Sales chill for US retailers in March

Leonie Barrie | 11 Apr 2013

A combination of cold, snowy weather and the earlier timing of Easter meant that sales of spring or early summer merchandise got off to a chilly start for US retailers in March.

Latest News

US Q2 in brief: Finish Line, Zumiez, Cherokee

Michelle Russell and Katie Smith | 25 Sep 2015

Second-quarter earnings for the retail sector as a whole are forecast to be lower than the prior month, despite easy year-on-year comparisons. The Finish Line posted a small drop in net income, Zumiez saw its profit more than halve, Cherokee Global Brands posted a double-digit decline in net earnings, while Christopher & Banks swung to a loss, and Hudson's Bay was back in the black. 

US Q1: Finish Line, Cherokee, Urban Outfitters

Michelle Russell and Katie Smith | 26 Jun 2015

First-quarter revenue forecasts for US apparel retailers fared far worse than earnings expectations. The Finish Line said it got off to a "solid start" with double-digit profit growth, and Cherokee was pleased with a "strong" quarter, despite some headwinds. Elsewhere, Urban Outfitters revealed a mixed quarter, while Men's Wearhouse booked record sales but a decline in earnings.

Ross Stores Q4 ahead of expectations

Michelle Russell | 27 Feb 2015

US off-price fashion retailer Ross Stores has booked fourth-quarter earnings and sales ahead of its expectations and offered a positive outlook for the next fiscal.

Off-price strength boosts TJX and Ross Stores

Michelle Russell | 24 Feb 2015

Solid results are expected for apparel retailers TJX Companies and Ross Stores, analysts have said, thanks to the ongoing resilience and competitive strength of the off-price business model.

Ross Stores Q3 profit up but outlook cautious

Michelle Russell | 21 Nov 2014

US off-price fashion retailer Ross Stores has booked an increase in third-quarter earnings but has maintained a cautious outlook for the full year due to the uncertain economic environment.

Ross Stores Q2 EPS in line with consensus

Michelle Russell | 22 Aug 2014

Off-price fashion retailer Ross Stores has booked second-quarter earnings in line with analyst consensus and at the high end of management guidance.

Ross Stores records "strong" Q1 performance

Michelle Russell | 23 May 2014

Ross Stores has booked what analyst say was a strong performance in the first quarter as strict inventory and expense control offset the negative impact from unfavorable weather and a challenging retail environment.

Ross Stores promotes Rentler to CEO

Katie Smith | 8 May 2014

Off-price fashion retailer Ross Stores has promoted president and chief merchandising officer Barbara Rentler to CEO, as part of a management succession plan.

Ross Stores Q4 profit down on lower sales

Katie Smith | 28 Feb 2014

Off-price fashion retailer Ross Stores has reported a 7.9% drop in fourth-quarter profit, weighed down by lower sales and promotions.

Ross Stores appoints Hartshorn as CFO

Michelle Russell | 28 Jan 2014

Off-price retailer Ross Stores has appointed Michael Hartshorn to the role of chief financial officer.

Ross Stores lifts outlook on Q3 profit rise

Katie Smith | 22 Nov 2013

Ross Stores has said it remains cautious in its outlook after the off-price retailer lowered its fourth-quarter earnings per share guidance, despite posting a rise in third-quarter net profit and sales.

Ross Stores Q2 profit increases 17%

Katie Smith | 23 Aug 2013

Off-price retailer Ross Stores has booked a 17% increase in second quarter profit, helped by higher sales and improved margins.

Ross Stores fined US$3.9m for children's products

Petah Marian | 24 Jun 2013

US retailer Ross Stores has agreed to pay a US$3.9m fine after it knowingly failed to report that it failed to report that it was selling children's garments containing drawstrings - a strangulation risk.

Ross Stores lifts outlook on Q1 profit growth

Katie Smith | 24 May 2013

Off-price retailer Ross Stores has raised its full-year earnings guidance after recording a 12% increase in first-quarter net profit, boosted by higher sales.

Ross Stores Q4 net income up on rising sales

Petah Marian | 22 Mar 2013

US off price retailer Ross Stores saw fourth quarter net income rise on the back of rising sales and margins.

Apparel maker United Aryan selects WFX ERP

Leonie Barrie | 24 Jan 2013

Kenya-based clothing manufacturing giant United Aryan (UAL) has selected the WFX Cloud ERP software for its African production facilities.

Labour violations found in LA garment factories

Leonie Barrie | 14 Dec 2012

Ten Los Angeles based garment contractors making clothes for retailers including Dillard's, Forever 21, Ross Stores and Urban Outfitters have been accused of serious labour violations.

Strong sales boost Ross Stores Q3 profit

Katie Smith | 16 Nov 2012

Strong sales and lower expenses have helped off-price retailer Ross Stores book a better-than-expected rise in third-quarter net profit, but it issued a cautious outlook for the all-important holiday season.

Ross Stores lifts FY view as Q2 earnings rise

Katie Smith | 17 Aug 2012

Value-priced clothing and footwear retailer Ross Stores has raised its full-year earnings guidance after better-than-expected sales boosted its second-quarter profit.

Ross Stores CEO Balmuth to become chairman in 2016

Katie Smith | 16 Aug 2012

Value retailer Ross Stores has revealed vice chairman and CEO Michael Balmuth will become chairman in 2016 as part of the company's management succession plan.

Ross Stores lifts view as Q1 profit jumps 21%

Leonie Barrie | 22 May 2012

Off-price retailer Ross Stores Inc has raised its full-year guidance after higher sales helped it to a better-than-expected 21% hike in first quarter earnings.

Ross Stores to open DC in South Carolina next year

Katie Smith | 12 Apr 2012

Discount clothing retailer Ross Stores plans to open a new distribution and warehousing facility in South Carolina, creating 600 jobs over five years.

Higher margins drive Ross Stores Q4 profit rise

Richard Woodard | 16 Mar 2012

Low-cost retailer Ross Stores recorded double-digit increases to fourth quarter sales and earnings as margins improved and comparable store sales rose 7%.

Ross Stores books 19% jump in Q3 earnings

Leonie Barrie | 18 Nov 2011

Value retailer Ross Stores Inc has booked a 19% hike in third quarter earnings, helped by "above-plan" sales to shoppers seeking bargains.

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