Ross Stores Inc reported sales of $504 million for the four weeks ended August 30, 2008, a 9% increase over the $461 million in sales for the four weeks ended September 1, 2007. Same store sales for the four weeks ended August 30, 2008 rose 3%.
For the seven months ended August 30, 2008, sales increased 12% to $3.700 billion, up from $3.316 billion for the seven months ended September 1, 2007. Comparable store sales for the seven months ended August 30, 2008 grew 4%.
Michael Balmuth, Vice Chairman, President and Chief Executive Officer, commented, "Our August same store sales results were in line with our forecast. For both the month and year-to-date periods, Dresses, Accessories and Shoes were the strongest merchandise categories, while the Mid-Atlantic and Texas were the best-performing markets. Looking ahead, we continue to forecast same store sales gains of 2% to 3% for both September and October."
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