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ROST » Topics » ROSS STORES REPORTS JANUARY SALES, ESTIMATES EPS FOR 2006 FOURTH QUARTER, PROVIDES FISCAL 2007 EARNINGS GUIDANCE AND ANNOUNCES 25% INCREASE IN CASH DIVIDEND

This excerpt taken from the ROST 8-K filed Feb 8, 2007.

ROSS STORES REPORTS JANUARY SALES,
ESTIMATES EPS FOR 2006 FOURTH QUARTER,
PROVIDES FISCAL 2007 EARNINGS GUIDANCE
AND
ANNOUNCES 25% INCREASE IN CASH DIVIDEND

     Pleasanton, California, February 8, 2007 -- Ross Stores, Inc. (Nasdaq: ROST) today reported that sales grew 38% to $399 million for the five weeks ended February 3, 2007, from $289 million in sales for the four weeks ended January 28, 2006. The fifth week of the month added approximately $88 million in sales. Same store sales for the four weeks ended January 27, 2007 increased 2% on top of a 9% gain for the four weeks ended January 28, 2006.

     For the 14 weeks ended February 3, 2007, sales increased 14% to $1.608 billion, from $1.411 billion in sales for the 13 weeks ended January 28, 2006. Comparable store sales for the 13 weeks ended January 27, 2007 increased 1% on top of a 6% gain for the 13 weeks ended January 28, 2006.

     For the 53 weeks ended February 3, 2007, sales grew 13% to $5.570 billion, from $4.944 billion in sales for the 52 weeks ended January 28, 2006. Same store sales for the 52 weeks ended January 27, 2007 increased 4% on top of a 6% increase for the 52 weeks ended January 28, 2006.

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