"We doubled the size of the dd's Discounts chain in 2008, butnew stores underperformed," said Michael Balmuth, vice chairman,president and CEO. "For the next year or so, we'll focus on gaininga better understanding of our customer. This will give us a betteropportunity of fine-tuning our assortments to better addresscustomer wants and needs."
A focus on stronger existing markets for Ross Stores also meansthat store openings in the Southeast and Mid-Atlantic will belimited in 2009 and 2010.
For the quarter, sales were $1.65 billion, up 3.0% from theprevious year. Comparable store sales rose 2%. Net earnings were$94.5 million, compared with $93.1 million in the same quarter lastyear (which had 14 weeks).
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