DUBLIN, Calif., Aug. 31, 2017 /PRNewswire/ -- Ross Stores,
Inc. (Nasdaq: ROST) announced today that it will participate in the
Goldman Sachs Global Retailing Conference to be held in
New York on September 6-7, 2017.
Management's presentation is scheduled at approximately
9:35 a.m. Eastern time on
Thursday, September 7, 2017. A
real-time audio webcast of the presentation will be available in
the Investors section of the Company's website, located at
www.rossstores.com. A webcast replay will be available following
the presentation at the same website address.
Forward-Looking Statements: Management's
presentation may contain forward-looking statements regarding
expected sales, earnings levels, and other financial results in
future periods that are subject to risks and uncertainties which
could cause our actual results to differ materially from
management's current expectations. The words "plan," "expect,"
"target," "anticipate," "estimate," "believe," "forecast,"
"projected," "guidance," "outlook," "looking ahead" and similar
expressions identify forward-looking statements. Risk factors for
Ross Dress for Less® ("Ross") and dd's
DISCOUNTS® include without limitation, competitive
pressures in the apparel or home-related merchandise retailing
industry; changes in the level of consumer spending on or
preferences for apparel and home-related merchandise; market
availability, quantity, and quality of attractive brand name
merchandise at desirable discounts and our buyers' ability to
purchase merchandise that enables us to offer customers a wide
assortment of merchandise at competitive prices; impacts from the
macro-economic environment, financial and credit markets, and
geopolitical conditions that affect consumer confidence and
consumer disposable income; our ability to continually attract,
train, and retain associates to execute our off-price strategies;
unseasonable weather trends; potential information or data security
breaches, including cyber-attacks on our transaction processing and
computer information systems, which could result in theft or
unauthorized disclosure of customer, credit card, employee, or
other private and valuable information that we handle in the
ordinary course of our business; potential disruptions in our
supply chain or information systems; issues involving the quality,
safety, or authenticity of products we sell, which could harm our
reputation, result in lost sales, and/or increase our costs; our
ability to effectively manage our inventories, markdowns, and
inventory shortage to achieve planned gross margin; changes in U.S.
tax or tariff policy regarding apparel and home-related merchandise
produced in other countries that could adversely affect our
business; volatility in revenues and earnings; an adverse outcome
in various legal, regulatory, or tax matters; a natural or man-made
disaster in California or in
another region where we have a concentration of stores, offices, or
a distribution center; unexpected issues or costs from expanding in
existing markets and entering new geographic markets; obtaining
acceptable new store sites with favorable consumer demographics;
damage to our corporate reputation or brands; effectively
advertising and marketing our brands; issues from selling and
importing merchandise produced in other countries; and maintaining
sufficient liquidity to support our continuing operations, new
store and distribution center growth plans, and stock repurchase
and dividend programs. Other risk factors are set forth in our SEC
filings including without limitation, the Form 10-K for fiscal
2016, and Form 10-Q and 8-Ks for fiscal 2017. The factors
underlying our forecasts are dynamic and subject to change.
As a result, our forecasts speak only as of the date they are given
and do not necessarily reflect our outlook at any other point in
time. We do not undertake to update or revise these
forward-looking statements.
Ross Stores, Inc. is an S&P
500, Fortune 500, and Nasdaq 100 (ROST) company headquartered in
Dublin, California, with fiscal
2016 revenues of $12.9 billion.
The Company operates Ross Dress for Less® ("Ross"), the
largest off-price apparel and home fashion chain in the United States with 1,384 locations in 37
states, the District of Columbia
and Guam as of July 29, 2017. Ross offers first-quality,
in-season, name brand and designer apparel, accessories, footwear,
and home fashions for the entire family at savings of 20% to 60%
off department and specialty store regular prices every day. The
Company also operates 205 dd's DISCOUNTS® in 16 states
as of July 29, 2017, that feature a
more moderately-priced assortment of first-quality, in-season, name
brand apparel, accessories, footwear, and home fashions for the
entire family at savings of 20% to 70% off moderate department and
discount store regular prices every day. Additional information is
available at www.rossstores.com.
Contact:
|
Michael
Hartshorn
|
Connie Kao
|
|
Group Senior Vice
President,
|
Vice President,
Investor Relations
|
|
Chief Financial
Officer
|
(925)
965-4668
|
|
(925)
965-4503
|
connie.kao@ros.com
|
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SOURCE Ross Stores, Inc.