Ross Stores Reports Third Quarter EPS of $1.02

Ross Stores, Inc. ROST today reported earnings per share for the 13 weeks ended October 30, 2010 of $1.02, up from $.84 for the 13 weeks ended October 31, 2009. These results reflect a 21% increase on top of an exceptional 91% gain in the third quarter of 2009. Net earnings for the third quarter ended October 30, 2010 grew 16% to a record $121.4 million, up from $105.1 million for the third quarter ended October 31, 2009. Fiscal 2010 third quarter sales increased 7% to $1.874 billion, with comparable store sales up 3% on top of a strong 8% gain in the prior year.