Ross Stores Announces Quarterly Dividend

Rhea-AI Summary

Ross Stores, Inc. (NASDAQ: ROST) declared a quarterly cash dividend of $0.31 per share, payable on June 30, 2022, to stockholders on record as of June 7, 2022. The company reported fiscal 2021 revenues of $18.9 billion. Operating 1,648 locations of Ross Dress for Less and 303 dd's DISCOUNTS stores across the U.S., Ross provides significant savings on name-brand apparel and home fashions, typically ranging from 20% to 60% off regular prices. The store chain continues to establish its presence as a leader in off-price retail.

Positive

• Declared a quarterly cash dividend of $0.31 per share.
• Fiscal 2021 revenues reached $18.9 billion.
• Strong market presence with 1,648 Ross locations and 303 dd's DISCOUNTS stores.

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 June 30, 2022 to stockholders of record as of June 7, 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 1,648 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 303 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/20220518005872/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 June 2022?

Ross Stores declared a dividend of $0.31 per share, payable on June 30, 2022.

When will the dividend be paid to shareholders of Ross Stores?

The dividend will be paid on June 30, 2022, to stockholders of record as of June 7, 2022.

What are the revenue figures for Ross Stores in fiscal 2021?

Ross Stores reported revenues of $18.9 billion in fiscal 2021.

How many locations does Ross Stores operate?

Ross Stores operates 1,648 locations of Ross Dress for Less and 303 dd's DISCOUNTS stores.

What kind of savings do customers get at Ross Stores?

Customers can save 20% to 60% off regular prices on name-brand apparel and home fashions.