Ross Stores (ROST) Feb Comps Up 4%
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Price: $230.77 -0.39%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.8%
Revenue Growth %: +6.6%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.8%
Revenue Growth %: +6.6%
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Ross Stores, Inc. (Nasdaq: ROST) comparable store sales for February increased 4%. Total sales increased 12% to $444 million.
Michael Balmuth, Vice Chairman, President and Chief Executive Officer, commented, "We are pleased with the strong, better-than-expected sales gains we achieved in February. 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."
Michael Balmuth, Vice Chairman, President and Chief Executive Officer, commented, "We are pleased with the strong, better-than-expected sales gains we achieved in February. 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."
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