Ross Stores, Inc. reported sales of $451 million for the month of November 26, 2005, a 15% increase over the $391 million in sales in 2004. Comparable store sales for the same period increased 5% over the prior year.
For the 43 weeks ended November 26, 2005, sales totaled $3.983 billion, a 17% increase over the $3.419 billion in sales for the 43 weeks ended November 27, 2004. For the 43 week period, comparable store sales grew 6% over the prior year period.
In commenting, Michael Balmuth, Vice Chairman, President and Chief Executive Officer, said, “We are pleased to report that November same store sales were slightly ahead of our projection for a 3% to 4% increase over the prior year. The strongest markets were the Southwest and Mountain states, while the best performing merchandise categories were Juniors and Shoes. Looking ahead, we remain cautiously optimistic about our business prospects over the balance of the fourth quarter and continue to forecast same store sales gains of 1% to 2% in December and 3% to 4% in January.”
