Ross Stores, Inc. (ROST)

About Ross Stores, Inc. (ROST)

Company Description:

 

Ross Stores, Inc. operates as an off-price retailer of apparel and home fashion in the United States. The company operates in two segments: Ross Dress for Less and dd's DISCOUNTS.

Ross Stores was founded in 1982 and is headquartered in Dublin, California, United States. The company has grown to become one of the largest off-price retail chains in the country, known for offering a wide array of clothing, accessories, footwear, and home fashion at discount prices.

 

Main Product(s):

 

Ross Stores specializes in the sale of discounted brand name and designer apparel, accessories, footwear, and home fashion. Its dd's DISCOUNTS stores also offer a more moderately-priced assortment of these products.

 

Short History of Ross Stores, Inc:

 

  • 1982 – Ross Stores was founded, with the opening of six stores in the San Francisco Bay Area.
  • 1985 – The company went public.
  • 1993 – Ross achieved $1 billion in annual sales.
  • 2000 – The first dd's DISCOUNTS store was opened.
  • 2014 – Ross Stores reached 1,200 locations nationwide.
  • 2019 – The company celebrated the opening of its 1,500th store.

Key Executives:

NameTitlePayExercisedYear Born
Ms. Barbara RentlerVice Chairman & CEO1.53MN/A1957
Mr. Michael K. KobayashiPresident & Chief Capability Officer1.17MN/A1964
Mr. Michael J. HartshornGroup President, COO & Director1.25MN/A1968
Mr. Adam M. OrvosExecutive VP & CFO2.86MN/A1965
Mr. Brian R. MorrowPresident & Chief Merchandising Officer of dd's DISCOUNTS1.11MN/A1960
Mr. Michael BalmuthExecutive Chairman of the Board7.04MN/A1951
Mr. Jeffrey P. BurrillSenior VP, Corporate Controller & Chief Accounting OfficerN/AN/A1970
Connie KaoGroup Vice President of Investor & Media RelationsN/AN/AN/A
Mr. Ken JewGroup Senior VP, General Counsel & Corporate SecretaryN/AN/AN/A
Mr. Ken CaruanaExecutive VP of Strategy, Marketing & Human ResourcesN/AN/AN/A

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