Ross Stores Inc. (NASDAQ:ROST) Q3 2019 Earnings Conference Call - Final Transcript

Nov 21, 2019 • 04:15 pm ET

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Ross Stores Inc. (NASDAQ:ROST) Q3 2019 Earnings Conference Call - Final Transcript

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Presentation
Executive
Barbara Rentler

you, Travis. As we mentioned earlier, we are pleased with our solid sales and earnings performance in the third quarter. We believe these above plan results demonstrate that we are well positioned to compete effectively in today's volatile retail environment given consumers continued focus on value and convenience.

However, as we look ahead, we expect another highly competitive fourth quarter. In addition, we are up against strong multi-year sales and earnings comparisons, a shorten calendar between Thanksgiving and Christmas, and ongoing uncertainty in the macroeconomic and political landscape. Therefore, although we hope to do better, we believe the best to maintain a cautious posture heading into the holiday selling season.

At this point, we'd like to open up the call and respond to any questions you might have.