Wednesday, September 14, 2011

Ross reports big sales growth - San Francisco Business Times:

jiqatili.wordpress.com
For the quarter enderd May 2, 2009, Ross Stores (NASDAQ: sales totaled $1.692 billion, a 9 percenrt increase over the $1.55 billion in sales for the thirteen weeks endedcMay 3, 2008. Comparable-store sales for the thirteej weeks endedMay 2, 2009 grew 3 percent. "W believe our solid performancd throughout the quarter was driven by our continued ability to deliver compelling bargainsto customers,” said Michaek Balmuth, president and CEO of Pleasanton-basex Ross, in a "Our first quarter earnings are benefiting from above-plajn sales, better-than-expected merchandise grosws margin and tight expense control.
“ The Southeast and Mid-Atlantic were the strongestg regions for the national retailer with 922 Ross Dresse for Less stores in 27 states and 52 dd's Discount stores in four states.

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