Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(e) Effective April 1, 2020, the executive officers of Ross Stores, Inc. (the "Company") have each agreed to amend their Executive Employment Agreement to reduce their salary levels as follows, until such time as at least 50% of the Company's Ross Dress for Less® and dd's DISCOUNTS® store locations have reopened. Effective March 20, 2020, all of the Company's store locations were temporarily closed.



a.Barbara Rentler, Chief Executive Officer: 100% salary reduction.
b.Travis Marquette, Group Senior Vice President and Chief Financial Officer: 20%
salary reduction.
c.Michael Hartshorn, Group President and Chief Operating Officer: 50% salary
reduction.
d.Michael Balmuth, Chairman of the Board and Senior Adviser: 100% salary
reduction.
e.Brian Morrow, President, Chief Merchandising Officer for dd's DISCOUNTS: 40%
salary reduction.
f.Michael Kobayashi, President, Operations and Technology: 40% salary reduction.

The other provisions of each executive officer's Executive Employment Agreement remain unchanged.

Item 7.01 Regulation FD Disclosure.

The Company issued a press release on April 2, 2020, providing an update related to actions it is taking in response to the store closures and other business disruptions resulting from regional and national efforts to slow the COVID-19 pandemic. Actions include reducing payroll expenses through the furloughing of associates beginning April 5, 2020, and through temporary salary reductions for other personnel, such actions expected to continue until operations can resume.

In conjunction with these payroll expense reduction measures, effective April 1, 2020 the non-employee members of the Company's Board of Directors have suspended the cash elements of their director compensation until further notice, and Norman Ferber (Chairman Emeritus, and consultant to the Company) has agreed to a 33% reduction of his monthly consulting payments until at least 50% of the Company's stores have reopened.

The full text of the Company's press release is attached hereto as Exhibit 99.1.

The information furnished with this Item 7.01, including Exhibit 99.1, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), nor shall it be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.

Item 9.01 Financial Statements and Exhibits.



(d)   Exhibits.

      Exhibit
      No.           Description

      99.1            April 2, 2020 Press Release by Ross Stores, Inc.

      104           Cover Page Interactive Data File. (The cover page interactive data file does
                    not appear in the Interactive Data File because its XBRL tags are embedded
                    within the Inline XBRL document.)




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