DUBLIN, Calif., Sept. 1, 2016 /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 7-8, 2016.
Management's presentation is scheduled at approximately
11:20 a.m. Eastern time on
Thursday, September 8, 2016. A live
audio webcast will be available at www.rossstores.com. To access
the webcast, go to the Investors section, click on the icon, and
follow the instructions. A replay will be available after the
presentation at the same website address.
Forward-Looking Statements: This press
release contains 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," "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 or 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 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 - such breaches of our data
security, or our failure or delay in detecting and mitigating a
loss of personal or business information, could result in damage to
our reputation, loss of customer confidence, violation (or alleged
violation) of applicable laws, and could expose us to civil claims,
litigation and regulatory action, and to unanticipated costs and
disruption of our operations; potential disruptions in our supply
chain or information systems; issues involving the quality, safety,
or authenticity of products we sell; our ability to effectively
manage our inventories, markdowns, and inventory shortage to
achieve planned gross margin; volatility in revenues and earnings;
an adverse outcome in various legal, regulatory, or tax matters;
natural or man-made disaster in California or in another region where we have
a concentration of stores or a distribution center; increase in our
labor costs; unexpected issues or costs from expanding in existing
markets and entering new geographic markets; obtaining acceptable
new store sites with favorable demographics; damage to our
corporate reputation or brands; issues from importing merchandise
from 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 2015 and Form 10-Q and
8-Ks for fiscal 2016. 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
2015 revenues of $11.9 billion.
The Company operates Ross Dress for Less® ("Ross"), the
largest off-price apparel and home fashion chain in the United States with 1,317 locations in 34
states, the District of Columbia
and Guam as of July 30, 2016. 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 184 dd's DISCOUNTS® in 14 states
as of July 30, 2016 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.