March 5, 2010 (FinancialWire) — Retailer Ross Stores, Inc. (NASDAQ: ROST) reported on Thursday that its sales increased 16% to $554 million for the four weeks ended February 27, 2010, up from $476 million for the four weeks ended February 28, 2009. Comparable store sales for the month grew 11%.

Michael Balmuth, vice chairman and chief executive officer, said “While we are encouraged by this healthy start to the year, the important March/April holiday selling period is still ahead.”

He added that the impact of an earlier Easter is always very difficult to predict and that, as a result, the company’s original forecast for same store sales to be up 3% to 4% in March and flat to up 1% in April remains unchanged.

California-based Ross Stores is an off-price retailer that posted fiscal 2009 revenues of $7.2 billion. As of February 27, 2010 the company operated 953 Ross Dress for Less stores and 54 dd’s Discounts locations, compared to 904 Ross and 53 dd’s Disounts locations at the end of the same period last year.  

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