Riding the wave of value-seeking consumers, discount apparel retailer Ross Stores generated an impressive 8% increase in net sales for FY 2025, which ended Jan. 31, 2026, rising to $22.8 billion. With comparable sales also increasing by 5%, Ross Stores is planning to open a total of 110 stores in FY 2026, which would represent a 5% growth rate over the 2,200+ stores it currently operates.
“Many of the changes we implemented that helped drive comp store sales growth also had a positive impact on new store productivity, which further bolsters our confidence in accelerating our store opening plans going forward,” said James Conroy, CEO of Ross Stores during a call discussing the financial results.
“Part of that growth reflects the reacceleration of dd’s Discounts, with plans to open 25 stores in 2026,” Conroy added. “For Ross, we see an opportunity to open 85 new stores this year, slightly above last year. As we continue to identify attractive real estate opportunities across our markets, we remain confident in the long-term potential to grow the Ross and dd’s chains to 2,900 and 700 stores, respectively, and expand our reach to even more customers over time.”
In October 2025 Ross Stores fulfilled its 2025 growth plans following 40 store openings in September and October for a total of 90 new locations in FY 2025. The retailer has been steadily expanding its store fleet for several years.
