Ross stores will temporarily furlough majority of its store and distribution center associates

Ross stores provides additional covid-19 business update.ross stores inc - will temporarily furlough majority of its store and distribution center associates.ross stores inc - will pay employee portion of premiums for those furloughed who currently receive health benefits through company.ross stores inc - all furloughed employees will remain ross associates with no change to their health benefits.ross stores - will temporarily furlough some other associates across business starting on april 5 and until operations can resume in their areas..ross stores inc - in interim, furloughed associates will be eligible to apply for unemployment benefits.ross stores inc - company's outside board members have agreed to forgo their cash retainer.ross stores inc - michael balmuth, chairman of board, and ceo barbara rentler will receive no salaries.ross stores inc - senior executive team has also agreed to take substantial salary cuts during this period.ross stores inc - had been hoping to reopen stores by april 4; but increasing spread of coronavirus prevents co from doing so..
ROST Ratings Summary
ROST Quant Ranking