Ross Stores Announces Quarterly Dividend

Rhea-AI Summary

Ross Stores, Inc. (NASDAQ: ROST) has declared a regular quarterly cash dividend of $0.335 per common share. The dividend will be paid on September 29, 2023, to stockholders of record as of September 5, 2023. Ross Stores is an S&P 500, Fortune 500, and Nasdaq 100 company with fiscal 2022 revenues of $18.7 billion. The company operates Ross Dress for Less® and dd’s DISCOUNTS® stores across the United States.

DUBLIN, Calif.--(BUSINESS WIRE)-- Ross Stores, Inc. (NASDAQ: ROST) announced today that the Company’s Board of Directors declared a regular quarterly cash dividend of $0.335 per common share, payable on September 29, 2023 to stockholders of record as of September 5, 2023.

Ross Stores, Inc. is an S&P 500, Fortune 500, and Nasdaq 100 (ROST) company headquartered in Dublin, California, with fiscal 2022 revenues of $18.7 billion. Currently, the Company operates Ross Dress for Less^® (“Ross”), the largest off-price apparel and home fashion chain in the United States with 1,722 locations in 41 states, the District of Columbia, and Guam. 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 339 dd’s DISCOUNTS^® stores in 22 states 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230816183115/en/

Adam Orvos

Executive Vice President,

Chief Financial Officer

(925) 965-4550

Connie Kao

Group Vice President, Investor Relations

(925) 965-4668

connie.kao@ros.com

Source: Ross Stores, Inc.

FAQ

What is the dividend amount declared by Ross Stores?

Ross Stores has declared a regular quarterly cash dividend of $0.335 per common share.

When will the dividend be paid?

The dividend will be paid on September 29, 2023.

Who is eligible to receive the dividend?

Stockholders of record as of September 5, 2023, will be eligible to receive the dividend.

What are the key financials of Ross Stores?

Ross Stores reported fiscal 2022 revenues of $18.7 billion.

What are the brands operated by Ross Stores?

Ross Stores operates Ross Dress for Less® and dd’s DISCOUNTS® stores.

How many locations does Ross Stores have?

Ross Stores has 1,722 Ross Dress for Less® locations and 339 dd’s DISCOUNTS® stores across the United States.