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Raw inputs
Equipment
Foundry
Chip design
Software
AI demand
—
Company details
Market cap
$75B
P/E ratio
32×
Div yield
0.8%
Revenue
$22.8B
Profit margin
~10%
Rev. growth
+8%
Stores
~2,270
Banners
Ross + dd's
In plain English
Ross Stores runs Ross Dress for Less and dd's DISCOUNTS — off-price chains that buy brand-name overruns, cancelled orders and end-of-season closeouts at a discount, then sell them in no-frills 'treasure-hunt' stores 20–60% below department-store prices. No e-commerce, no advertising blitz: the whole machine is opportunistic buying, cheap real estate and tight cost control, funnelled to ~2,270 US stores and bargain-hunting shoppers.
In simple terms
What Ross Stores really sells
Ross Stores runs Ross Dress for Less and dd's DISCOUNTS — off-price chains that buy brand-name overruns, cancelled orders and end-of-season closeouts at a discount, then sell them in no-frills 'treasure-hunt' stores 20–60% below department-store prices. No e-commerce, no advertising blitz: the whole machine is opportunistic buying, cheap real estate and tight cost control, funnelled to ~2,270 US stores and bargain-hunting shoppers.
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