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Ross Stores Announces Quarterly Dividend

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Ross Stores, Inc. (NASDAQ: ROST) announced a quarterly cash dividend of $0.31 per common share, payable on December 30, 2022, to stockholders of record by December 6, 2022. The company reported fiscal 2021 revenues of $18.9 billion and operates 1,696 Ross Dress for Less locations across 40 states, D.C., and Guam. Ross offers significant savings on brand name apparel and home fashions, with discounts of 20% to 60% off regular prices. Additionally, it operates 323 dd's DISCOUNTS stores with discounts of 20% to 70%.

Positive
  • Quarterly cash dividend of $0.31 per share announced.
  • Robust fiscal 2021 revenues of $18.9 billion.
  • Large retail footprint with 1,696 Ross locations and 323 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 December 30, 2022 to stockholders of record as of December 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 1,696 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 323 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.

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 for Ross Stores in December 2022?

Ross Stores declared a quarterly cash dividend of $0.31 per common share.

When is the payment date for Ross Stores' dividend?

The dividend will be payable on December 30, 2022.

What are the revenues reported by Ross Stores for fiscal 2021?

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

How many Ross Dress for Less locations are there?

There are 1,696 Ross Dress for Less locations across the United States.

What discount range does Ross Stores offer?

Ross Stores offers discounts of 20% to 60% off department store prices.

Ross Stores Inc

NASDAQ:ROST

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48.83B
322.59M
2.12%
91.81%
1.42%
Apparel Retail
Retail-family Clothing Stores
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United States of America
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