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Ross Stores Reports November Sales

NEWARK, Calif., Nov. 30 /PRNewswire/ -- Ross Stores, Inc. (Nasdaq: ROST - news) today reported sales of $245 million for the four weeks ended November 25, 2000, a 5% increase above the $233 million in sales for the four weeks ended November 27, 1999. Comparable store sales for the same period declined 3% from the prior year.

For the ten months through November 25, 2000, sales totaled $2.175 billion, an 8% increase above the $2.007 billion in sales for the prior year's comparable period ended November 27, 1999. For the ten months, comparable store sales increased 1% over the prior year.

Additional recorded information concerning today's press release and the company's future outlook can be accessed by calling 706-645-9291, passcode #962102, from 8:30 a.m. EST on November 30, 2000 through 8:00 p.m. EST on December 1, 2000. A transcript of these comments also will be made available on the press release page of the company's web site at www.rossstores.com.

Ross Stores, Inc. operates a national chain of off-price retail stores offering first quality, in-season, branded apparel and apparel-related merchandise for the entire family at prices that average 20% to 60% less than department and specialty stores, as well as merchandise for the home at similar savings. The company had 412 stores at November 30, 2000, compared to 382 stores at the end of the same period last year.

SOURCE: Ross Stores, Inc.