Ross Stores Announces Quarterly Dividend

Rhea-AI Summary

Ross Stores, Inc. (NASDAQ: ROST) announced a quarterly cash dividend of $0.31 per share, payable on September 30, 2022 to stockholders of record as of September 6, 2022. The company reported fiscal 2021 revenues of $18.9 billion and operates 1,669 Ross locations and 311 dd’s DISCOUNTS stores across the U.S., offering significant savings on name-brand apparel and home fashions.

Positive

• Quarterly cash dividend of $0.31 per share enhances shareholder income.
• Strong fiscal 2021 revenues of $18.9 billion demonstrate solid business performance.
• Extensive network of 1,669 Ross locations indicates robust market presence.

Negative

• None.

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 $0.31 per common share, payable on September 30, 2022 to stockholders of record as of September 6, 2022.

Ross Stores, Inc. is an S&P 500, Fortune 500, and Nasdaq 100 (ROST) company headquartered in Dublin, California, with fiscal 2021 revenues of $18.9 billion. Currently, the Company operates Ross Dress for Less^® (“Ross”), the largest off-price apparel and home fashion chain in the United States with 1,669 locations in 40 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 311 dd’s DISCOUNTS^® stores in 21 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/20220817005614/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 for September 2022?

Ross Stores declared a dividend of $0.31 per share.

When will the dividend for Ross Stores be paid?

The dividend will be paid on September 30, 2022.

What date is the record date for Ross Stores' dividend?

The record date for the dividend is September 6, 2022.

What were the fiscal 2021 revenues for Ross Stores?

Ross Stores reported fiscal 2021 revenues of $18.9 billion.