{"id":821584,"date":"2025-03-04T16:05:43","date_gmt":"2025-03-04T21:05:43","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/ross-stores-reports-results-for-fourth-quarter-and-fiscal-2024\/"},"modified":"2025-03-04T16:05:43","modified_gmt":"2025-03-04T21:05:43","slug":"ross-stores-reports-results-for-fourth-quarter-and-fiscal-2024","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/ross-stores-reports-results-for-fourth-quarter-and-fiscal-2024\/","title":{"rendered":"Ross Stores Reports Results for Fourth Quarter and Fiscal 2024"},"content":{"rendered":"

<\/p>\n

Ross Stores Reports Results <\/b>for Fourth Quarter and Fiscal 2024<\/b><\/p>\n

Announces 10% Increase in Quarterly Cash Dividend<\/b><\/p>\n

Provides First Quarter and Fiscal 2025 Guidance<\/b><\/p>\n

DUBLIN, Calif.–(BUSINESS WIRE<\/a>)–
\nRoss Stores, Inc. (Nasdaq: ROST) today reported earnings per share for the 13 weeks ended February 1, 2025 of $1.79, compared with $1.82 per share for the 14 weeks ended February 3, 2024. Net income for the period was $587 million, versus $610 million last year. Sales for the 13 weeks ended February 1, 2025 were $5.9 billion, with comparable store sales up 3% on top of a robust 7% gain in the same period last year.\n<\/p>\n

\nFiscal 2024 earnings per share for the 52 weeks ended February 1, 2025 were $6.32, up from $5.56 in the 53-week fiscal 2023 year ended February 3, 2024. Net earnings for fiscal 2024 rose to $2.1 billion on sales of $21.1 billion, up from net earnings of $1.9 billion in fiscal 2023 on sales of $20.4 billion. Comparable store sales for the 52 weeks ended February 1, 2025 grew 3% versus a 5% gain in fiscal 2023.\n<\/p>\n

\nBoth the fourth quarter and full year results included a one-time benefit to earnings, equivalent to approximately $0.14 per share, related to the sale of a packaway facility. Additionally, as a reminder, prior year sales and earnings results for the 2023 fourth quarter and fiscal year included approximately $308 million in sales and a $0.20 earnings per share benefit from the 53rd<\/sup> week.\n<\/p>\n

\nJim Conroy, Chief Executive Officer, commented, \u201cFourth quarter sales and earnings results were at the high end of our expectations. Sales benefited from customers\u2019 positive responses to our improved assortments of quality branded bargains throughout our stores during the critical holiday selling season.\u201d\n<\/p>\n

\nMr. Conroy continued, \u201cFourth quarter operating margin of 12.4% was flat to last year. The benefit from the previously mentioned packaway facility sale was offset by planned declines in merchandise margin and unfavorable timing of packaway-related costs. The sale of the facility contributed about 105 basis points to this year\u2019s fourth quarter operating margin while the 53rd<\/sup> week benefited the prior year\u2019s period by about 80 basis points.\u201d\n<\/p>\n

Update on Shareholder Payouts<\/span><\/b><\/p>\n

\nDuring the recently completed fourth quarter, 1.7 million shares were repurchased for a total price of $262 million. For fiscal 2024, a total of 7.3 million shares of common stock were repurchased for an aggregate purchase price of $1.05 billion. These purchases were made pursuant to the two-year $2.1 billion program announced in March 2024. We expect to complete the $1.05 billion remaining under this authorization in fiscal 2025.\n<\/p>\n

\nThe Board of Directors also recently authorized a 10% increase in the Company\u2019s quarterly cash dividend to $0.405 per share. This higher quarterly dividend amount is payable on March 31, 2025 to stockholders of record as of March 18, 2025.\n<\/p>\n

\nMr. Conroy noted, \u201cWe ended the year with $4.7 billion of cash after funding the growth and capital needs of our business. Our ongoing share buyback and increased dividend programs reflect our longstanding commitment to return excess cash to our shareholders.\u201d\n<\/p>\n

Fiscal 2025 Guidance<\/span><\/b><\/p>\n

\nLooking ahead, Mr. Conroy said, \u201cWhile we were pleased with our 2024 results, including the holiday selling period, sales trends began softening later in January and into February. We believe a combination of unseasonable weather and heightened volatility in the macroeconomic and geopolitical environments has negatively impacted customer traffic. Given the lack of visibility we have on these external factors, we believe it is prudent to take a cautious approach in forecasting our business, especially as we start the year.\u201d\n<\/p>\n

\nMr. Conroy continued, \u201cFor the 13 weeks ending May 3, 2025, comparable store sales are forecasted to be down 3% to flat versus a 3% gain last year. If sales perform in line with this plan, earnings per share are projected to be $1.33 to $1.47, compared to $1.46 in the first quarter ended May 4, 2024.\u201d\n<\/p>\n

\nMr. Conroy added, \u201cFor the 52 weeks ending January 31, 2026, while we hope to do better, we are planning same store sales of down 1% to up 2% on top of a 3% gain in 2024. Based on these assumptions, fiscal 2025 earnings per share are projected to be $5.95 to $6.55 compared to $6.32 for the fiscal year ended February 1, 2025. As previously mentioned, fiscal 2024 results included a per share benefit of $0.14 from the facility sale.\u201d\n<\/p>\n

\nMr. Conroy concluded, \u201cWe have an incredibly talented and dedicated team at Ross with deep-rooted off-price experience that helped deliver solid results in 2024. As we move forward, we believe that some of the recent challenges we are seeing could be transitory in nature. As we continue to navigate through a difficult external environment, we will search for opportunities to drive the business and to carefully manage what we can control.\u201d\n<\/p>\n

\nThe Company will host a conference call on Tuesday, March 4, 2025 at 4:15 p.m. Eastern time to provide additional details concerning its fourth quarter and fiscal year 2024 results, and management\u2019s outlook for fiscal 2025. A real-time audio webcast of the conference call will be available in the Investors section of the Company\u2019s website, located at www.rossstores.com<\/a>. An audio playback will be available at 201-612-7415, PIN #13751804 until 8:00 p.m. Eastern time on March 11, 2025, as well as on the Company\u2019s website.\n<\/p>\n

Forward-Looking Statements:<\/span><\/i><\/b> This press release and the related conference call remarks contain forward-looking statements regarding, without limitation, projected sales, costs, and earnings, planned new store growth, capital expenditures, and other matters. These forward-looking statements reflect our then-current beliefs, plans, and estimates with respect to future events and our projected financial performance and operations, and they are subject to risks and uncertainties which could cause our actual results to differ materially from management\u2019s current expectations. The words \u201cplan,\u201d \u201cexpect,\u201d \u201ctarget,\u201d \u201canticipate,\u201d \u201cestimate,\u201d \u201cbelieve,\u201d \u201cforecast,\u201d \u201cprojected,\u201d \u201cguidance,\u201d \u201coutlook,\u201d \u201clooking ahead,\u201d and similar expressions identify forward-looking statements. Risk factors for Ross Dress for Less\u00ae (\u201cRoss\u201d) and dd\u2019s DISCOUNTS\u00ae include without limitation, uncertainties arising from the macroeconomic environment, including inflation and the price of necessities, high interest rates, housing costs, energy and fuel costs, financial and credit market conditions, recession concerns, geopolitical conditions, and public health and public safety issues that affect consumer confidence, consumer disposable income, and shopping behavior, as well as our costs; unexpected changes in the level of consumer spending on, or preferences for, apparel and home-related merchandise, which could adversely affect us; competitive pressures in the apparel and home-related merchandise retailing industry; our need to effectively manage our inventories, markdowns, and inventory shortage in order to achieve our planned gross margins; changes in U.S. tax, tariff, or trade policy regarding apparel and home-related merchandise produced in other countries, which could adversely affect our business; risks associated with importing and selling merchandise produced in other countries, including risks from supply chain disruption, shipping delays, and higher than expected ocean freight costs; unseasonable weather or extreme temperatures that may affect shopping patterns and consumer demand for seasonal apparel and other merchandise; our dependence on the market availability, quantity, and quality of attractive brand name merchandise at desirable discounts, and on the ability of our buyers to anticipate consumer preferences and to purchase merchandise to enable us to offer customers a wide assortment of merchandise at competitive prices; information or data security breaches, including cyber-attacks on our transaction processing and computer information systems, which could disrupt our operations, and result in theft or unauthorized disclosure of confidential and valuable business information, such as customer, credit card, employee, or other private and valuable information that we handle in the ordinary course of our business; disruptions in our supply chain or in our information systems, including from ransomware or other cyber-attacks, that could impact our ability to process sales and to deliver product to our stores in a timely and cost-effective manner; our need to obtain acceptable new store sites with favorable consumer demographics to achieve our planned store openings; our need to expand in existing markets and enter new geographic markets in order to achieve planned growth and market penetration; consumer problems or legal issues involving the quality, safety, or authenticity of products we sell, which could harm our reputation, result in lost sales, and\/or increase our costs; an adverse outcome in various legal, regulatory, or tax matters, or the adoption of new federal or state tax legislation that increases tax rates or adds new taxes, that could increase our costs; damage to our corporate reputation or brands (including from adverse social media postings \u2013 whether true or erroneous) that could adversely affect our sales and operating results; our need to continually attract, train, and retain associates with the retail talent necessary to execute our off-price retail strategies; our need to effectively advertise and market our business; possible volatility in our revenues and earnings; a public health or public safety crisis, or a natural or man-made disaster in California or another region where we have a concentration of stores, offices, or a distribution center, that could harm our business; and our need to maintain sufficient liquidity to support our continuing operations and our new store openings. Other risk factors are set forth in our SEC filings including the Form 10-K for fiscal 2023 and fiscal 2024 Form 8-Ks and 10-Qs on file with the SEC. The factors underlying our forecasts and plans are dynamic and subject to change. As a result, any forecasts or forward-looking statements speak only as of the date they are given and do not necessarily reflect our outlook at any other point in time. We disclaim any obligation to update or revise these forward-looking statements.<\/i><\/p>\n

About Ross Stores, Inc.<\/span><\/b><\/p>\n

\nRoss Stores, Inc. is an S&P 500, Fortune 500, and Nasdaq 100 (ROST) company headquartered in Dublin, California, with fiscal 2024 revenues of $21.1 billion. The Company operates Ross Dress for Less\u00ae<\/sup> (\u201cRoss\u201d), the largest off-price apparel and home fashion chain in the United States with 1,831 locations in 43 states, the District of Columbia, and Guam at fiscal 2024 year-end. Ross offers first-quality, 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 355 dd\u2019s DISCOUNTS\u00ae<\/sup> stores in 22 states at fiscal 2024 year-end that feature a more moderately-priced assortment of first-quality, in-season, name brand apparel, accessories, footwear, and home fashions for the entire family at savings of 20% to 70% off moderate department and discount store regular prices every day. Additional information is available at www.rossstores.com<\/a>.\n<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Ross Stores, Inc.<\/b><\/td>\n<\/tr>\n
Condensed Consolidated Statements of Earnings<\/b><\/td>\n<\/tr>\n
\n\n\n\n\n\n\n\n\u00a0<\/td>\n<\/tr>\n
\n\n\n\n\n\n\n\n\u00a0<\/td>\n<\/tr>\n
\n\nThree Months Ended<\/b><\/td>\n\nTwelve Months Ended<\/b><\/td>\n<\/tr>\n
($000, except stores and per share data, unaudited)<\/td>\n\nFebruary 1, 2025<\/b><\/td>\n\nFebruary 3, 2024<\/td>\n\nFebruary 1, 2025<\/b><\/td>\n\nFebruary 3, 2024<\/td>\n<\/tr>\n
\n\n\n\n\n\n\n\n\u00a0<\/td>\n<\/tr>\n
Sales<\/b><\/td>\n\n\n

$<\/b><\/p>\n<\/td>\n

\n

5,912,279<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n6,022,501\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

$<\/b><\/p>\n<\/td>\n

\n

21,129,219<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n20,376,941\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\n\n\n\n\u00a0<\/td>\n<\/tr>\n
Costs and Expenses<\/b><\/td>\n\n\n\n\n\n\n\n<\/tr>\n
Cost of goods sold<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

4,343,622<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n4,375,360\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

15,260,506<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n14,801,601\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Selling, general and administrative<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

837,633<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n903,087\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

3,283,127<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n3,267,677\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\n\n\n\n\u00a0<\/td>\n<\/tr>\n
Operating income<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

731,024<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n744,054\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

2,585,586<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n2,307,663\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\n\n\n\n\u00a0<\/td>\n<\/tr>\n
Interest income, net<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

(39,741<\/b><\/p>\n<\/td>\n

\n

)<\/b><\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(52,188\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

(171,568<\/b><\/p>\n<\/td>\n

\n

)<\/b><\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(164,118\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n<\/tr>\n

Earnings before taxes<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

770,765<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n796,242\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

2,757,154<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n2,471,781\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Provision for taxes on earnings<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

183,981<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n186,559\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

666,424<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n597,261\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Net earnings<\/td>\n\n\n

$<\/b><\/p>\n<\/td>\n

\n

586,784<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n609,683\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

$<\/b><\/p>\n<\/td>\n

\n

2,090,730<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n1,874,520\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\n\n\n\n\u00a0<\/td>\n<\/tr>\n
Earnings per share<\/b><\/td>\n\n\n\n\n\n\n\n<\/tr>\n
Basic<\/td>\n\n\n

$<\/b><\/p>\n<\/td>\n

\n

1.80<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n1.83\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

$<\/b><\/p>\n<\/td>\n

\n

6.36<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n5.59\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Diluted<\/td>\n\n\n

$<\/b><\/p>\n<\/td>\n

\n

1.79<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n1.82\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

$<\/b><\/p>\n<\/td>\n

\n

6.32<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n5.56\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\n\n\n\n\u00a0<\/td>\n<\/tr>\n
\n\n\n\n\n\n\n\n\u00a0<\/td>\n<\/tr>\n
Weighted-average shares outstanding (000)<\/b><\/td>\n\n\n\n\n\n\n\n<\/tr>\n
Basic<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

326,014<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n332,399\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

328,593<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n335,187\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Diluted<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

328,519<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n335,018\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

330,984<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n337,433\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\n\n\n\n\u00a0<\/td>\n<\/tr>\n
\n\n\n\n\n\n\n\n\u00a0<\/td>\n<\/tr>\n
Store count at end of period<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

2,186<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n2,109\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

2,186<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n2,109\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\n\n\n\n\u00a0<\/td>\n<\/tr>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Ross Stores, Inc.<\/b><\/td>\n<\/tr>\n
Condensed Consolidated Balance Sheets<\/b><\/td>\n<\/tr>\n
\n\n\n\n\u00a0<\/td>\n<\/tr>\n
\n\n\n\n\u00a0<\/td>\n<\/tr>\n
($000, unaudited)<\/td>\n\nFebruary 1, 2025<\/b><\/td>\n\nFebruary 3, 2024<\/td>\n<\/tr>\n
Assets<\/b><\/td>\n\n\n\n<\/tr>\n
\n\n\n\n\u00a0<\/td>\n<\/tr>\n
Current Assets<\/b><\/td>\n\n\n\n<\/tr>\n
Cash and cash equivalents<\/td>\n\n\n

$<\/b><\/p>\n<\/td>\n

\n

4,730,744<\/b><\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n4,872,446\n<\/p>\n<\/td>\n<\/tr>\n

Accounts receivable<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

144,482<\/b><\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n130,766\n<\/p>\n<\/td>\n<\/tr>\n

Merchandise inventory<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

2,444,513<\/b><\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n2,192,220\n<\/p>\n<\/td>\n<\/tr>\n

Prepaid expenses and other<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

218,957<\/b><\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n202,706\n<\/p>\n<\/td>\n<\/tr>\n

Total current assets<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

7,538,696<\/b><\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n7,398,138\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\u00a0<\/td>\n<\/tr>\n
Property and equipment, net<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

3,792,403<\/b><\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n3,531,901\n<\/p>\n<\/td>\n<\/tr>\n

Operating lease assets<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

3,294,858<\/b><\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n3,126,841\n<\/p>\n<\/td>\n<\/tr>\n

Other long-term assets<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

279,375<\/b><\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n243,229\n<\/p>\n<\/td>\n<\/tr>\n

Total assets<\/td>\n\n\n

$<\/b><\/p>\n<\/td>\n

\n

14,905,332<\/b><\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n14,300,109\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\u00a0<\/td>\n<\/tr>\n
Liabilities and Stockholders\u2019 Equity<\/b><\/td>\n\n\n\n<\/tr>\n
\n\n\n\n\u00a0<\/td>\n<\/tr>\n
Current Liabilities<\/b><\/td>\n\n\n\n<\/tr>\n
Accounts payable<\/td>\n\n\n

$<\/b><\/p>\n<\/td>\n

\n

2,126,317<\/b><\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n1,955,850\n<\/p>\n<\/td>\n<\/tr>\n

Accrued expenses and other<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

626,490<\/b><\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n671,867\n<\/p>\n<\/td>\n<\/tr>\n

Current operating lease liabilities<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

703,337<\/b><\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n683,625\n<\/p>\n<\/td>\n<\/tr>\n

Accrued payroll and benefits<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

462,284<\/b><\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n548,371\n<\/p>\n<\/td>\n<\/tr>\n

Income taxes payable<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

43,666<\/b><\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n76,370\n<\/p>\n<\/td>\n<\/tr>\n

Current portion of long-term debt<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

699,731<\/b><\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n249,713\n<\/p>\n<\/td>\n<\/tr>\n

Total current liabilities<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

4,661,825<\/b><\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n4,185,796\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\u00a0<\/td>\n<\/tr>\n
\n\n\n\n\u00a0<\/td>\n<\/tr>\n
Long-term debt<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

1,515,080<\/b><\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n2,211,017\n<\/p>\n<\/td>\n<\/tr>\n

Non-current operating lease liabilities<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

2,764,281<\/b><\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n2,603,349\n<\/p>\n<\/td>\n<\/tr>\n

Other long-term liabilities<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

267,911<\/b><\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n232,383\n<\/p>\n<\/td>\n<\/tr>\n

Deferred income taxes<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

187,040<\/b><\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n196,238\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\u00a0<\/td>\n<\/tr>\n
Commitments and contingencies<\/td>\n\n\n\n<\/tr>\n
\n\n\n\n\u00a0<\/td>\n<\/tr>\n
Stockholders\u2019 Equity<\/b><\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

5,509,195<\/b><\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n4,871,326\n<\/p>\n<\/td>\n<\/tr>\n

Total liabilities and stockholders\u2019 equity<\/td>\n\n\n

$<\/b><\/p>\n<\/td>\n

\n

14,905,332<\/b><\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n14,300,109\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\u00a0<\/td>\n<\/tr>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Ross Stores, Inc.<\/b><\/td>\n<\/tr>\n
Condensed Consolidated Statements of Cash Flows<\/b><\/td>\n<\/tr>\n
\n\n\n\n\u00a0<\/td>\n<\/tr>\n
\n\n\n\n\u00a0<\/td>\n<\/tr>\n
\n\nTwelve Months Ended<\/b><\/td>\n<\/tr>\n
($000, unaudited)<\/td>\n\nFebruary 1, 2025<\/b><\/td>\n\nFebruary 3, 2024<\/td>\n<\/tr>\n
\n\n\n\n\u00a0<\/td>\n<\/tr>\n
Cash Flows From Operating Activities<\/b><\/td>\n\n\n\n<\/tr>\n
Net earnings<\/td>\n\n\n

$<\/b><\/p>\n<\/td>\n

\n

2,090,730<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n1,874,520\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Adjustments to reconcile net earnings to net cash provided by operating activities:<\/td>\n\n\n\n<\/tr>\n
Depreciation and amortization<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

446,788<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n419,432\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Stock-based compensation<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

156,298<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n145,490\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Gain on sale of property<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

(61,575<\/b><\/p>\n<\/td>\n

\n

)<\/b><\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u2014\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Deferred income taxes<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

(9,198<\/b><\/p>\n<\/td>\n

\n

)<\/b><\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(20,821\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n<\/tr>\n

Change in assets and liabilities:<\/td>\n\n\n\n<\/tr>\n
Merchandise inventory<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

(252,293<\/b><\/p>\n<\/td>\n

\n

)<\/b><\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(168,725\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n<\/tr>\n

Other current assets<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

(27,319<\/b><\/p>\n<\/td>\n

\n

)<\/b><\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(2,261\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n<\/tr>\n

Accounts payable<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

154,664<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(65,327\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n<\/tr>\n

Other current liabilities<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

(123,556<\/b><\/p>\n<\/td>\n

\n

)<\/b><\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n296,980\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Income taxes<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

(27,457<\/b><\/p>\n<\/td>\n

\n

)<\/b><\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n22,931\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Operating lease assets and liabilities, net<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

12,627<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n8,330\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Other long-term, net<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

(2,721<\/b><\/p>\n<\/td>\n

\n

)<\/b><\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n3,941\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Net cash provided by operating activities<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

2,356,988<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n2,514,490\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\u00a0<\/td>\n<\/tr>\n
Cash Flows From Investing Activities<\/b><\/td>\n\n\n\n<\/tr>\n
Additions to property and equipment<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

(720,104<\/b><\/p>\n<\/td>\n

\n

)<\/b><\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(762,812\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n<\/tr>\n

Proceeds from sale of property<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

82,642<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u2014\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Net cash used in investing activities<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

(637,462<\/b><\/p>\n<\/td>\n

\n

)<\/b><\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(762,812\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\u00a0<\/td>\n<\/tr>\n
Cash Flows From Financing Activities<\/b><\/td>\n\n\n\n<\/tr>\n
Issuance of common stock related to stock plans<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

25,085<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n24,900\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Treasury stock purchased<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

(86,092<\/b><\/p>\n<\/td>\n

\n

)<\/b><\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(48,568\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n<\/tr>\n

Repurchase of common stock<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

(1,049,979<\/b><\/p>\n<\/td>\n

\n

)<\/b><\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(949,996\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n<\/tr>\n

Excise tax paid on repurchase of common stock<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

(8,798<\/b><\/p>\n<\/td>\n

\n

)<\/b><\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u2014\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Dividends paid<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

(488,721<\/b><\/p>\n<\/td>\n

\n

)<\/b><\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(454,814\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n<\/tr>\n

Payment of long-term debt<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

(250,000<\/b><\/p>\n<\/td>\n

\n

)<\/b><\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n\u2014\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Net cash used in financing activities<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

(1,858,505<\/b><\/p>\n<\/td>\n

\n

)<\/b><\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n(1,428,478\n<\/p>\n<\/td>\n

\n

\n)\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\u00a0<\/td>\n<\/tr>\n
Net (decrease) increase in cash, cash equivalents, and restricted cash and cash equivalents<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

(138,979<\/b><\/p>\n<\/td>\n

\n

)<\/b><\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n323,200\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\u00a0<\/td>\n<\/tr>\n
Cash, cash equivalents, and restricted cash and cash equivalents:<\/td>\n\n\n\n<\/tr>\n
Beginning of period<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

4,935,441<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n4,612,241\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

End of period<\/td>\n\n\n

$<\/b><\/p>\n<\/td>\n

\n

4,796,462<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n4,935,441\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\u00a0<\/td>\n<\/tr>\n
Reconciliations:<\/td>\n\n\n\n<\/tr>\n
Cash and cash equivalents<\/td>\n\n\n

$<\/b><\/p>\n<\/td>\n

\n

4,730,744<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n4,872,446\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Restricted cash and cash equivalents included in prepaid expenses and other<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

17,087<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n14,489\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Restricted cash and cash equivalents included in other long-term assets<\/td>\n\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

48,631<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

\n48,506\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Total cash, cash equivalents, and restricted cash and cash equivalents:<\/td>\n\n\n

$<\/b><\/p>\n<\/td>\n

\n

4,796,462<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n4,935,441\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\u00a0<\/td>\n<\/tr>\n
Supplemental Cash Flow Disclosures<\/b><\/td>\n\n\n\n<\/tr>\n
Interest paid<\/td>\n\n\n

$<\/b><\/p>\n<\/td>\n

\n

80,316<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n80,316\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

Income taxes paid, net<\/td>\n\n\n

$<\/b><\/p>\n<\/td>\n

\n

703,079<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n\n

\n$\n<\/p>\n<\/td>\n

\n

\n595,152\n<\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

\n\u00a0\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20250304266456\/en\/<\/a><\/span><\/p>\n

\nAdam Orvos
\n
Executive Vice President,
\n
Chief Financial Officer
\n
(925) 965-4550\n<\/p>\n

\nConnie Kao
\n
Group Vice President, Investor Relations
\n
(925) 965-4668
\n
connie.kao@ros.com<\/a><\/p>\n

KEYWORDS:<\/b> United States North America California<\/p>\n

INDUSTRY KEYWORDS:<\/b> Home Goods Fashion Discount\/Variety Retail Department Stores<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Ross Stores Reports Results for Fourth Quarter and Fiscal 2024 Announces 10% Increase in Quarterly Cash Dividend Provides First Quarter and Fiscal 2025 Guidance DUBLIN, Calif.–(BUSINESS WIRE)– Ross Stores, Inc. (Nasdaq: ROST) today reported earnings per share for the 13 weeks ended February 1, 2025 of $1.79, compared with $1.82 per share for the 14 weeks ended February 3, 2024. Net income for the period was $587 million, versus $610 million last year. Sales for the 13 weeks ended February 1, 2025 were $5.9 billion, with comparable store sales up 3% on top of a robust 7% gain in the same period last year. Fiscal 2024 earnings per share for the 52 weeks ended February 1, 2025 were $6.32, up … <\/p>\n

Continue reading “Ross Stores Reports Results for Fourth Quarter and Fiscal 2024”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-821584","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nRoss Stores Reports Results for Fourth Quarter and Fiscal 2024 - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ross-stores-reports-results-for-fourth-quarter-and-fiscal-2024\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ross Stores Reports Results for Fourth Quarter and Fiscal 2024 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Ross Stores Reports Results for Fourth Quarter and Fiscal 2024 Announces 10% Increase in Quarterly Cash Dividend Provides First Quarter and Fiscal 2025 Guidance DUBLIN, Calif.–(BUSINESS WIRE)– Ross Stores, Inc. (Nasdaq: ROST) today reported earnings per share for the 13 weeks ended February 1, 2025 of $1.79, compared with $1.82 per share for the 14 weeks ended February 3, 2024. Net income for the period was $587 million, versus $610 million last year. Sales for the 13 weeks ended February 1, 2025 were $5.9 billion, with comparable store sales up 3% on top of a robust 7% gain in the same period last year. 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