PLEASANTON (dpa-AFX) - Ross Stores Inc. (ROST) reported earnings for its
fourth quarter that increased from last year and beat the Street estimates.

The company's bottom line came in at $609.68 million, or $1.82 per share. This
compares with $447.04 million, or $1.31 per share, in last year's fourth
quarter.

Analysts on average had expected the company to earn $1.65 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 15.5% to $6.02 billion from $5.21
billion last year.

Ross Stores Inc. earnings at a glance (GAAP) :

-Earnings (Q4): $609.68 Mln. vs. $447.04 Mln. last year.
-EPS (Q4): $1.82 vs. $1.31 last year.
-Revenue (Q4): $6.02 Bln vs. $5.21 Bln last year.

-Guidance:
Next quarter EPS guidance: $1.29 to $1.35


Copyright(c) 2024 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX