Ross Stores
Off-price apparel and home fashions retail · United States
Ross Stores runs about 2,300 Ross Dress for Less and dd's DISCOUNTS stores across the U.S. that sell brand-name apparel, shoes and home goods bought late in the season at 20% to 70% below department-store prices, with no online store.
What makes it different
It sells only in stores.
90New stores openedFY2025
Skipping e-commerce keeps costs low, so growth comes from opening about 100 stores a year.
How big it is
How big is Ross Stores?
$22.8BSalesFY2025
2,267Stores2026
111,000Associates2026
How it makes money FY2025
Home goods are the biggest category.
- Home accents and bed & bath26%26%
- Ladies22%22%
- Men's15%15%
- Accessories, lingerie, jewelry & cosmetics15%15%
- Other22%
How the business works
Buy late. Mark up less. Open more stores.
- 1Late-season brand overruns
- 2Low-cost self-service stores
- 3About 100 openings a year
With no e-commerce, Ross keeps costs low and grows almost entirely by opening stores in new and existing markets.
Who owns it
- The Vanguard Group12.2%
- BlackRock, Inc.7%
CEO: James G. Conroy
Who it competes with
AmazonKey moments
- 1957The original Ross Stores is incorporated in California
- 2-08New owners turn Ross into an off-price chain
- 6-09Michael Balmuth becomes CEO
- 2004dd's DISCOUNTS opens its first stores
- 2020Stores close in the pandemic
Sources
Every number on this page comes from Ross Stores's own reports.
Full profile
The rest of the story is in the app.
What Ross Stores tracks12 metrics
Stores
Ross Dress for Less stores
Dd's DISCOUNTS stores
Results, quarter by quarterwith a chart
Revenue
Profit
Margin
Where the money comes from5 regions
California
Texas
Florida
The full timeline16 moments
2023
2025
2026
Ross Stores vs TJXside by side
Revenue
Profit
People
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