Ross Stores, Inc.
Explore Ross Stores
Core profile pages, annual revenue records, and related research hubs for this company.
Ross Stores, Inc.
Explore Ross Stores
Core profile pages, annual revenue records, and related research hubs for this company.
Business Model Analysis
Annual Revenue: $22.8B
Ross makes money by buying brand-name and in-season merchandise at discounts and reselling it through low-friction stores at prices generally 20% to 60% below department and specialty store regular prices at Ross, and 20% to 70% below moderate department and discount store regular prices at dd's DISCOUNTS.
Ross growth depends on opening more stores, expanding Ross and dd's DISCOUNTS into underpenetrated markets, improving merchant productivity, strengthening in-store execution, and using disciplined buybacks and dividends after funding growth.