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With a market cap of $49.8 billion, California-based Ross Stores, Inc. (ROST) is a leading off-price retailer specializing in apparel and home fashion. The company serves middle and moderate-income households with discounted branded merchandise, distinguishing itself from traditional retail offerings.
Companies valued at $10 billion or more are generally considered “large-cap” stocks, and Ross Stores fits this criterion perfectly, exceeding the mark. Ross Stores stands as the largest off-price retailer in the U.S., operating 1,765 stores under the Ross Dress for Less brand across 45 states, the District of Columbia, and Guam, alongside over 300 locations for DD's Discounts, primarily in Sun Belt states.