Ross Stores

Ross helps families buy brand-name clothes for less money. Their stores offer big discounts on everyday home items. They serve middle-income shoppers looking for the best value.

Bargains on the Rack

• Home Accents: Items for the bedroom and bathroom along with home decor; accounts for 25% of sales.
• Ladies: Clothing and fashion for women; represents 23% of sales.
• Accessories and Beauty: Lingerie, fine jewelry, and cosmetics; contributes 15% of sales.
• Men's: Apparel and essentials for men; makes up 14% of sales.
• Shoes: Footwear styles for the entire family; represents 14% of sales.
• Children's: Clothing and accessories for kids; accounts for 9% of sales.

Mapping Out More Stores

• Opened 17 new locations during the first quarter of fiscal 2026.
• Planned to add approximately 110 total stores, including 85 Ross Dress for Less and 25 dd's DISCOUNTS sites, during fiscal 2026.
• Approved a new two-year plan in March 2026 to buy back up to $2.55 billion of common stock.
• Repaid $500 million in Senior Notes at maturity in April 2026 to manage long-term debt obligations.

The Off-Price Advantage

Ross uses a packaway strategy, holding 36% of its inventory in warehouses as of May 2, 2026, for later release to stores. A network of 2,282 stores enables the company to purchase brand-name goods from vendors looking to clear stock quickly.

Measuring the Momentum

• Sales reached $6.01 billion in the first quarter of fiscal 2026, up 20.6% year-over-year.
• Comparable store sales grew 17% in the first quarter of fiscal 2026, driven by an 11% increase in customer traffic.
• Net income reached $650 million in the first quarter of fiscal 2026, up 35.6% from $479 million in the prior year.
• Free cash flow reached $627.1 million in the first quarter of fiscal 2026, up 209.9% from $202.3 million in the first quarter of fiscal 2025.

Evolution and Value

Ross has grown from a regional retailer into a national off-price leader focused on middle-income value. Its ability to manage large inventory volumes and expand its store footprint supports its role as a primary destination for discount shoppers.