Ross Stores (ROST) Tops Q3 EPS by 3c; Guides Relatively In-Line
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Ross Stores Reports Third Quarter Earnings, Reiterates Fourth Quarter Guidance
November 19, 2015 4:01 PM ESTDUBLIN, Calif., Nov. 19, 2015 /PRNewswire/ --Â Ross Stores, Inc. (Nasdaq: ROST) today reported that earnings per share for the 13 weeks ended October 31, 2015 increased 15% to $.53, on net earnings that rose 12% to $216 million. Sales for the fiscal 2015 third quarter grew 7% to $2.783 billion, with comparable store sales up 3% on top of last year's 4% gain.
For the first nine months of the fiscal year, earnings per share increased 15% to $1.85, while net earnings rose 12% to $757 million. Sales for the first nine months of 2015 increased 8% to $8.689 billion, with comparable store sales up 4%.
Barbara Rentler, Chief Executive... More
