Published
Jul 8, 2010
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Ross Stores revenue up 9% in June

Published
Jul 8, 2010

PLEASANTON, Calif., July 8, 2010 - Ross Stores, Inc. (Nasdaq: ROST) today reported that sales increased 9% to $725 million for the five weeks ended July 3, 2010, up from $666 million from last year. Comparable store sales for the month grew 5%.

Ross Stores
www.rossstores.com


This period also showed sales totaling $3.274 billion, a 12% increase from last year and comparable store sales increasing by 8% on top of a 3% gain last year.

Home, Dresses and Shoes were our strongest merchandise categories, while Florida and the Mid-Atlantic were the best-performing regions."

Looking ahead, Mr. Balmuth Vice Chairman and Chief Executive Officer said, "Given our quarter-to-date sales and gross margin performance, as well as our continued expectation for a 3% to 4% increase in July comparable store sales, we now are forecasting earnings per share for the 13 weeks ending July 31, 2010 to be $1.00 to $1.02, up from our prior range of $.95 to $.99.

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