Ross Stores, Inc. today reported that sales increased 12% to $444 million for the four weeks ended March 1, 2008, up from $395 million for the four weeks ended March 3, 2007.
Comparable store sales for the month increased 4% over the prior year.
“We are pleased with the strong, better-than-expected sales gains we achieved in February,” said Michael Balmuth, vice chairman, president and CEO. “We believe the month benefited from our ability to deliver competitive bargains, driving broad-based geographic and merchandise trends. Results also were aided by favorable weather comparisons, especially in the Mid-Atlantic which was the best performing market during the month.”