Moody's Ratings affirms Ross Stores, Inc.'s A2 senior unsecured notes ratings
Moody's Ratings (Moody's) today affirmed Ross Stores, Inc.'s ("Ross") senior unsecured notes ratings at A2 with a stable outlook. The affirmation reflects the company's continued good operating performance, strong free cash flow generation and strong credit metrics. The company has consistently gro...Ross Stores and its subsidiaries operate two brands of off-price retail apparel and home fashion stores, which are Ross Dress for Less? (Ross) and dd's DISCOUNTS?. Ross provides name brand and designer apparel, accessories, footwear, and home fashions for the entire family at savings of 20% to 60% off department and specialty store regular prices every day. dd's DISCOUNTS provides name brand apparel, accessories, footwear, and home fashions for the entire family at savings of 20% to 70% off moderate department and discount store regular prices every day. Both of the company's Ross and dd's DISCOUNTS brands target women and men between the ages of 18 and 54.
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