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PLEASANTON, Calif. - Discount retailer Ross Stores Inc. said Thursday its same-store sales rose 3 percent in August with dresses, accessories and shoes among its strongest sellers.
| ROST | 45.72 |  0.28 |
Same-store sales, or sales at stores open at least a year, is a key indicator of retailer performance since it measures growth at existing stores rather than newly opened ones.
Analysts polled by Thomson Reuters expected same-store sales to climb 2.9 percent.
Total sales for the four weeks ended Aug. 30 rose 9 percent to $504 million from $461 million.
Ross said dresses, accessories and shoes were the strongest merchandise categories during the month.
The company said it expects same-store sales to rise between 2 percent and 3 percent for both September and October.
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