Ross Stores Expands US Footprint with 47 New Locations Amid Strong Growth

Key Facts

1Ross Stores opened 47 new locations across the US during June and July.

2The company is on track to open approximately 110 stores in total this year.

3The company reported net income of $650M with sales rising 21% to $6bn in the recent quarter.

In a move reflecting the resilience of the off-price retail sector, Ross Stores Inc. announced the opening of 47 new locations across the United States during June and July. The expansion included 35 Ross Dress for Less and 12 DD’s Discounts stores, strengthening the company's presence in key states such as New York, Michigan, and the Sunbelt region. This rollout confirms the company is on track to meet its annual target of opening approximately 110 stores this year.

The physical expansion is underpinned by robust financial performance, with the company reporting net income of $650M in its recent quarter as sales surged 21% to reach $6bn. Per market data, this growth trajectory highlights the brand's ability to capture value-conscious consumer demand, supporting its strategic push to deepen its market share within existing and new territories.

At the close of July 22, 2026, ROST was priced at $238.21, having traded between a day low of $235.84 and a high of $239.04. With no immediate company-specific catalysts in the upcoming economic calendar, investors will likely focus on how these new store openings contribute to top-line growth in future quarterly earnings reports.