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Ross Stores, Inc. (ROST) CEO Barbara Rentler on Q4 2021 Results - Earnings Call Transcript

Mar. 01, 2022 5:24 PM ETRoss Stores, Inc. (ROST)1 Comment
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Ross Stores, Inc. (NASDAQ:ROST) Q4 2021 Earnings Conference Call March 1, 2022 4:15 PM ET

Company Participants

Barbara Rentler - Chief Executive Officer

Adam Orvos - Executive Vice President & Chief Financial Officer

Michael Hartshorn - Group President & Chief Operating Officer

Conference Call Participants

Kimberly Greenberger - Morgan Stanley

Mark Altschwager - Baird

Matthew Boss - JPMorgan

Chuck Grom - Gordon Haskett

Lorraine Hutchinson - Bank of America

Michael Binetti - Credit Suisse

Marni Shapiro - Retail Tracker

Beth Reed - Truist Securities

Dana Telsey - Telsey Advisory Group

Laura Champine - Loop Capital

John Kernan - Cowen

Ike Burochow - Wells Fargo


Good afternoon, and welcome to the Ross Stores Fourth Quarter and Fiscal Year 2021 Earnings Release Conference Call. The call will begin with prepared comments by management, followed by a question-and-answer session. [Operator instructions] Please be advised that today's call is being recorded.

Before we get started, on behalf of Ross Stores, I would like to note that the comments made on this call will contain forward-looking statements regarding expectations about future growth and financial results, including sales and earnings forecasts, new store openings, COVID-related costs and other matters that are based on the Company's current forecast of aspects of its future business.

These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from historical performance or current expectations. Risk factors are included in today's press release and the Company's fiscal 2020 Form 10-K and fiscal 2021 Form 10-Qs and 8-Ks on file with the SEC.

Now I would like to turn the call over to Barbara Rentler, Chief Executive Officer.

Barbara Rentler

Good afternoon. Joining me on our call today are Michael Hartshorn, Group President and Chief Operating Officer; Adam Orvos, Executive Vice President and Chief Financial Officer; and Betty Chen, Vice President, Investor

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