Ross Stores, Inc. ( NASDAQ: ROST ) Q1 2024 Earnings Conference Call May 23, 2024 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 Lorraine Hutchinson - Bank of America Michael Binetti - Evercore ISI Matthew Boss - JPMorgan Mark Altschwager - Baird Chuck Grom - Gordon Haskett Alex Straton - Morgan Stanley Tracy Kogan - Citi Adrienne Yih - Barclays Bob Drbul - Guggenheim Simeon Siegel - BMO Capital Markets Brooke Roach - Goldman Sachs Dana Telsey - Telsey Advisory Group Aneesha Sherman - Bernstein Laura Champine - Loop Capital Markets Marni Shapiro - Retail Tracker Operator Good afternoon, and welcome to the Ross Stores First Quarter 2024 Earnings Release Conference Call. The call will begin with prepared comments by management, followed by a question-and-answer session.

[Operator Instructions] 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 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 pe.