Business
Ross Stores Announces Departure of Bernie Brautigan, President, Merchandising, Ross Dress for Less
DUBLIN, Calif.--(BUSINESS WIRE)-- Ross Stores, Inc. (Nasdaq: ROST) announced today that Bernie Brautigan, President, Merchandising of Ross Dress for Less
About this update from Ross Stores, Inc.
[{"type":"text","content":" DUBLIN, Calif.--(BUSINESS WIRE)--\nRoss Stores, Inc. (Nasdaq: ROST) announced today that Bernie Brautigan, President, Merchandising of Ross Dress for Less since 2016, is leaving the Company. Senior merchant executives under his areas of responsibility will now report to Chief Executive Officer Barbara Rentler.\n\n\nIn commenting, Ms. Rentler said, “Bernie has made numerous valuable contributions over his 16-year career as a merchandising executive at Ross Dress for Less. We thank him and wish him well in his future endeavors.”\n\n\nMs. Rentler added, “We have a very talented and long-tenured team of senior merchandising leaders directing a large organization of more than 800 buyers. The strength of our merchant team enables us to source the best bargains in the marketplace, which gives us confidence in our prospects for continued profitable growth and market share gains.”\n\n\nForward-Looking Statements: This press release contains forward-looking statements regarding expected sales, earnings levels, new store growth, and other financial results in future periods that are subject to risks and uncertainties which could cause our actual results to differ materially from management’s current expectations. The words “plan,” “expect,” “target,” “anticipate,” “estimate,” “believe,” “forecast,” “projected,” “guidance,” “outlook,” “looking ahead” and similar expressions identify forward-looking statements. Risk factors for Ross Dress for Less® and dd’s DISCOUNTS® include without limitation, competitive pressures in the apparel or home-related merchandise retailing industry; changes in the level of consumer spending on or preferences for apparel and home-related merchandise; market availability, quantity, and quality of attractive brand name merchandise at desirable discounts and our buyers’ ability to purchase merchandise that enables us to offer customers a wide assortment of merchandise at competitive prices; impacts from the macro-economic environment, financial and credit markets, and geopolitical conditions that affect consumer confidence and consumer disposable income; our ability to continually attract, train, and retain associates to execute our off-price strategies; unseasonable weather that may affect shopping patterns and consumer demand for seasonal apparel and other merchandise, and may result in temporary store closures a...