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Home / Knowledge / News / Fashion / Ross Store reports Q3 sales up 20%

Ross Store reports Q3 sales up 20%

16
Nov '05
Branded apparel, accessories and footwear provider Ross Stores Inc reported earnings per share for the 13 weeks ended October 29, 2005 of $.25, compared to $.25, as restated, for the 13 weeks ended October 30, 2004.

Net earnings for the third quarter ended October 29, 2005 were $36.3 million, compared to $37.7 million, as restated, for the 13 weeks ended October 30, 2004.

Fiscal 2005 third quarter sales rose 20 percent to $1.237 billion, from $1.028 billion for the quarter ended October 30, 2004. Comparable store sales for the period increased 9 percent over the prior year.

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Nation's second largest off-price company California based Ross Stores Inc, a Fortune 500 and Nasdaq 100 company headquartered in Pleasanton, California, with fiscal 2004 revenues of $4.2 billion.

As of October 29, 2005, the Company operated 715 Ross stores and 20 dd's DISCOUNTS locations, compared to 641 Ross stores and 10 dd's DISCOUNTS locations at the end of the same period last year.

Ross Stores offers first-quality, in-season, name brand and designer apparel, accessories, footwear and home fashions for the entire family at everyday savings of 20 to 60 percent off department and specialty store regular prices.

dd's DISCOUNTS features a more moderately- priced assortment of first-quality, in-season, name brand apparel, accessories, footwear and home fashions for the entire family at everyday savings of 20 to 70 percent off moderate department and discount store regular prices.

Ross Stores Inc


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