Ross Stores (ROST) Tops Q2 EPS by 3c, Q3 EPS Guidance Misses Mid-Point of Consensus

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/23/2026

1. RNG
2. DECK
3. WDC
4. BYD
5. WCN
6. SPOT
7. BMY
8. SPY
9. FIX
10. TSCO

Go back to Ross Stores (ROST) Tops Q2 EPS by 3c, Q3 EPS Guidance Misses Mid-Point of Consensus

Ross Stores Reports Second Quarter Earnings, Provides Second Half 2018 Guidance and Increases Long-Term Store Growth Potential

August 23, 2018 4:01 PM EDT

DUBLIN, Calif.--(BUSINESS WIRE)-- Ross Stores, Inc. (Nasdaq: ROST) today reported earnings per share for the second quarter ended August 4, 2018 of $1.04, up from $.82 last year. Net earnings grew to $389 million, compared to $317 million in the prior year. Sales rose 9% to $3.7 billion, with comparable store sales up 5% over the 13 weeks ended August 5, 2017. This is on top of a 4% increase in same store sales for the 13 weeks ended July 29, 2017.

For the six months ended August 4, 2018, earnings per share were $2.15, up from $1.64 last year. Net earnings were $808 million versus $638 million in the... More