Ross Stores, Inc. generated sales of $513 million for the month of March, a 13% increase above the $456 million in sales for the five weeks ended April 2, 2005. Comparable store sales for the month rose 4% over the prior year.
For the nine weeks ended April 1, 2006, sales totaled $870 million, a 13% increase above the $767 million in sales for the nine weeks ended April 2, 2005. Comparable store sales for the nine weeks ended April 1, 2006 grew 5% over the prior year.
In commenting, Michael Balmuth, Vice Chairman, President and Chief Executive Officer, stated, “Comparable store sales in March were ahead of our expectations. In general, our geographic performance was broadbased, and we continued to generate strong same store sales gains in our Home, Juniors and Shoe departments. Based on our recent trend, we are optimistic about meeting our prior same store sales forecast of up 7% to 8% in April, which benefits from the Easter calendar shift.”