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Ross Stores Announces Quarterly Dividend

NEWARK, Calif., May 28 /PRNewswire/ -- Ross Stores, Inc. (Nasdaq: ROST) announced today that the company's Board of Directors declared a regular quarterly cash dividend of six and a half cents ($.065) per common share, payable on or about July 6, 1999 to stockholders of record as of June 11, 1999.

Ross Stores, Inc. reported sales of $2.2 billion in 1998, its most recent fiscal year. The off-price retailer operates 355 stores in 17 states, offering first-quality, in season, branded apparel, accessories and footwear for the entire family as well as gift items and linens for the home all at everyday savings of 20% to 60% less than regular department and specialty store prices.

SOURCE Ross Stores, Inc.