All

<<  Back

Ross Stores Reports October Sales

NEWARK, Calif., Nov. 4 /PRNewswire/ -- Ross Stores, Inc. (Nasdaq: ROST) today reported sales of $191 million for the four weeks ended October 30, 1999, a 13% increase above the $169 million in sales for the four weeks ended October 31, 1998. Comparable store sales for the same period increased 4% over the prior year.

For the 13 weeks ended October 30, 1999, sales were $609 million, a 15% increase above the $531 million in sales for the prior year's comparable period ended October 31, 1998. Comparable store sales for the third quarter increased 7% over the prior year.

For the nine months ended October 30, 1999, sales totaled $1.774 billion, a 14% increase above the $1.552 billion in sales for the nine months ended October 31, 1998. Comparable store sales for the first nine months of 1999 increased 7% the prior year.

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 381 stores at October 30, 1999, compared to 350 stores at the end of the same period last year.

SOURCE Ross Stores, Inc.