Ross Stores says it opened 51 new locations across 22 states in September and October
Ross Stores Inc. (ROST) said Wednesday it opened 51 new locations across 22 states in September and October. The Dublin, Calif.-based retailer said it opened 43 Ross Dress for Less outlets and eight dd's Discounts stores. The new stores have completed the company's growth plans for fiscal 2023 of opening 97 new locations. "At Ross Dress for Less, we opened our first stores in the states of New York and Minnesota while dd's grew its footprint in California, Maryland, Tennessee, and Texas," said Gregg McGillias, group executive vice president for property development. "Looking ahead, we remain confident in our expansion plans and see plenty of opportunity to grow to at least 2,900 Ross Dress for Less and 700 dd's Discounts locations over time." The stock has fallen 3% in the year to date, while the S&P 500 has gained 13.5%.
-Ciara Linnane
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
10-11-23 0836ET
Copyright (c) 2023 Dow Jones & Company, Inc.-
September Jobs Report Forecasts Show Moderate Hiring Gains
-
Port Strike a Headache for Shippers but a Potential Tailwind for Certain US Transport Stocks
-
13 Charts on Q3′s Roller-Coaster Rally for Stocks and Bonds
-
5 Stocks to Buy Instead of Overpriced US Equities
-
Q4 Stock Market Outlook: Where We See Opportunities for Investors
-
Markets Brief: Non-Farm Payrolls in the Spotlight Again
-
6 Top-Performing Large-Growth Funds
-
What’s the Difference Between the CPI and PCE Indexes?
-
10 Top-Performing Dividend Stocks of Q3 2024
-
33 Undervalued Stocks
-
Communication Services: Cable’s Broadband Dominance Isn’t as Strong as It Once Was
-
Technology: Strength Continues, With Software Presenting the Best Buying Opportunities
-
Best- and Worst-Performing Stocks of Q3 2024
-
Top Stocks to Own From the Best Fund Managers
-
2 Cheap Stocks Top Managers Have Been Buying
-
The 10 Best Companies to Invest in Now