Ross Stores (ROST) Pullback Presents Attractive Entry Point, Wedbush Says
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Ross Stores Reports Second Quarter Earnings, Issues Second Half 2015 Guidance
August 20, 2015 4:01 PM EDTDUBLIN, Calif., Aug. 20, 2015 /PRNewswire/ -- Ross Stores, Inc. (Nasdaq: ROST) today reported that earnings per share for the second quarter ended August 1, 2015 increased 11% to $.63, up from $.57 in the prior year. Net earnings grew to $259 million, compared to $240 million for the same period in 2014. Sales for the fiscal 2015 second quarter rose 9% to $2.968 billion, with comparable store sales up 4% over the prior year.
For the first six months of the fiscal year, earnings per share increased 15% to $1.32, up from $1.15 in the prior year. Net earnings were $541 million, up 12% from $483 million last year. Sales... More
