Ross Stores (ROST) Tops Q2 EPS by 4c
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Ross Stores Reports Second Quarter Earnings, Issues Second Half 2016 Guidance
August 18, 2016 4:01 PM EDTDUBLIN, Calif., Aug. 18, 2016 /PRNewswire/ -- Ross Stores, Inc. (Nasdaq: ROST) today reported earnings per share for the second quarter ended July 30, 2016 of $.71, a 13% increase on top of an 11% gain in the prior year. Net earnings for the current year period grew to $282 million, up from $259 million last year. Sales for the 2016 second quarter rose 7% to $3.181 billion, with comparable store sales up 4% on top of 4% growth in the prior year.
For the first six months of fiscal 2016, earnings per share were $1.44, up 9% on top of a 15% increase last year. Net... More
