Ross Stores Reports December Sales
NEWARK, Calif., Jan. 6 /PRNewswire/ -- Ross Stores, Inc. (Nasdaq: ROST - news) today reported sales of $325 million for the five weeks ended January 1, 2000, an 8% increase above the $301 million in sales for the five weeks ended January 2, 1999. Comparable store sales for the same period were even with the prior year.
For the eleven months through January 1, 2000 sales totaled $2.332 billion, a 13% increase above the $2.062 billion in sales for the prior year's comparable period ended January 2, 1999. For the eleven months, comparable store sales rose 6% from 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 378 stores at January 1, 2000, compared to 351 stores at the end of the same period last year.
NOTE TO ANALYSTS, INVESTORS, AND EDITORS: Ross Stores, Inc. press releases are available at no charge through the company's home page on the internet at www.rossstores.com. Additional recorded information concerning the company's business can be accessed by calling 402-280-9266 from 8:30 a.m. EST on January 6, 2000 through 8:00 p.m. EST on January 7, 2000.
SOURCE: Ross Stores, Inc. |
