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Ross StoresRevenue

Ross accelerates brick-and-mortar expansion with nearly 50 new locations

What happened

Ross Stores reported a 21% year-over-year increase in sales to $6 billion for the first quarter.

Source

Article excerpt

The discount retailer is on track to open around 110 stores this year. Ross Stores announced the opening of 47 new stores during the months of June and July. The openings consist of 35 Ross Dress for Less and 12 DD’s Discounts locations. The discount retailer is on track to launch around 110 stores in 2026, resulting in around 5% unit growth. "Building on the strong new store performance in 2025 and the spring openings this year, we are excited to grow Ross Dress for Less' store base in Puerto Rico, New York, and Michigan while also continuing to deepen our presence in key Sunbelt states,” Richard Lietz, executive vice president of property development, said in a statement. “For DD's, we are also pleased to expand within our existing markets in California, Florida, North Carolina, and Texas." The company is “the best shape we’ve been in, in terms of getting leases,” Group President and COO Michael Hartshorn said on an earnings call to analysts in May. The forecast into next year is to maintain 5% unit growth. Only around 20% of the company’s new store growth is in newer markets, per Hartshorn. Ross has also been undergoing a refresh on all stores, focused on new perimeter signing and wayfinding and cosmetics repairs. About half of the locations were addressed last year, and the company decided to pause on the effort. The hiatus is so the retailer can see if there are...

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Extracted from this sentence

In the first quarter, Ross reported sales were up 21% year over year to $6 billion, with comparable store sales increasing 17%.

Extracted by Autobound

From the Signal API record
Event
Revenue

What this signalsRevenue results often set the next budget cycle.

Amount named
$6B

More revenue signals at other companies

The full record

From the Signal API record

Numbers

Amount named in the story
$6B

Extraction

Confidence
90%
Detected
Jul 24, 2026
signal_type
news
signal_subtype
has_revenue

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The API returns more than this page shows

This page shows a preview. The full news record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/79169492-1214-cbf9-cee5-67fd140b5bfe returns this record as JSON. POST /v1/companies/enrich returns every signal for rossstores.com.

{
  "signal_id": "79169492-1214-cbf9-cee5-67fd140b5bfe",
  "signal_type": "news",
  "signal_subtype": "has_revenue",
  "detected_at": "2026-07-24T15:30:00+00:00",
  "company": {
    "name": "Ross Stores",
    "domain": "rossstores.com"
  },
  "data": {
    "url": "https://www.retaildive.com/news/ross-brick-and-mortar-expansion-stores/826085/",
    "title": "Ross accelerates brick-and-mortar expansion with nearly 50 new locations",
    "author": "Kaarin Moore",
    "excerpt": "The discount retailer is on track to open around 110 stores this year. Ross Stores announced the opening of 47 new stores during the months of June and July. The openings consist of 35 Ross Dress for Less and 12 DD’s Discounts locations. The discount retailer is on track to launch around 110 stores in 2026, resulting in around 5% unit growth . \"Building on the strong new store performance in 2025 and the spring openings this year, we are excited to grow Ross Dress for Less' store base in Puerto Rico, New York, and Michigan while also continuing to deepen our presence in key Sunbelt states,” Richard Lietz, executive vice president of property development, said in a statement. “For DD's, we are also pleased to expand within our existing markets in California, Florida, North Carolina, and Texas.\" The company is “the best shape we’ve been in, in terms of getting leases,” Group President and COO Michael Hartshorn said on an earnings call to analysts in May. The forecast into next year is to maintain 5% unit growth. Only around 20% of the company’s new store growth is in newer markets, per Hartshorn. Ross has also been undergoing a refresh on all stores, focused on new perimeter signing and wayfinding and cosmetics repairs. About half of the locations were addressed last year, and the company decided to pause on the effort. The hiatus is so the retailer can see if there are...",
    "summary": "Ross Stores reported a 21% year-over-year increase in sales to $6 billion for the first quarter.",
    "planning": false,
    "image_url": "https://imgproxy.divecdn.com/pzf4TrQZ3PUuMsJJshuqEWnMmA2lO5_12HBihh-28W8/g:nowe:0:120/c:2048:1157/rs:fit:770:435/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS84MDA3MzQ2NDkzXzFmNTM0MzE5ZmVfay5qcGc=.webp",
    "confidence": 0.9,
    "published_at": "2026-07-24T15:30:00Z",
    "article_sentence": "In the first quarter, Ross reported sales were up 21% year over year to $6 billion, with comparable store sales increasing 17%.",
    "amount_normalized": 6000000000
  }
}

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