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Merchandise categories shine in March at Ross Stores

13 Apr '07

1 min read

Ross Stores Inc reported sales increased 14% to $599 million for the five weeks ended April 7, 2007, from $526 million for the five weeks ended April 8, 2006. Comparable store sales for the five weeks ended April 7, 2007 increased 6% compared to the five weeks ended April 8, 2006.

For the nine weeks ended April 7, 2007, sales totaled $994 million, an 11% increase over the $894 million in sales for the nine weeks ended April 8, 2006. Comparable store sales for the nine weeks ended April 7, 2007 were up 4% compared to the nine weeks ended April 8, 2006.

Michael Balmuth, Vice Chairman, President and Chief Executive Officer, commented, "Comparable store sales in March were slightly ahead of our expectations, driven by broad-based geographic and merchandise trends. The Southwest, California and Southeast were the strongest markets and Shoes, Home and Ladies were the best performing merchandise categories."

Additional recorded information concerning press release and the Company's future outlook can be accessed from 8:30 a.m. Eastern time on April 12, 2007 through 8:00 p.m. Eastern time on April 13, 2007. A transcript of these comments also will be made available on the press release page of the Company's website.

Ross Stores Inc

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