DUBLIN, Calif. (AP) — DUBLIN, Calif. (AP) — Ross Stores Inc. (ROST) on Thursday reported fiscal second-quarter earnings of $446.3 million.
On a per-share basis, the Dublin, California-based company said it had net income of $1.32.
The results beat Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $1.17 per share.
The discount retailer posted revenue of $4.93 billion in the period, which also topped Street forecasts. Eight analysts surveyed by Zacks expected $4.74 billion.
Ross Stores expects full-year earnings to be $5.15 to $5.26 per share.
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, source Associated Press News