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Ross Stores Inc. Q4 Profit Advances

Ross Stores Inc. (ROST) released earnings for its fourth quarter that increased compared to the same period last year.

The company said its bottom line climbed to $0.45 billion, or $1.19 per share. This was up from $0.30 billion, or $0.77 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.93 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 16.0% to $4.07 billion. This was up from $3.51 billion last year.

Ross Stores Inc. earnings at a glance:

-Earnings (Q4): $0.45 Bln. vs. $0.30 Bln. last year.
-Earnings Growth (Y-o-Y): 50.0%
-EPS (Q4): $1.19 vs. $0.77 last year.
-EPS Growth (Y-o-Y): 54.5%
-Analysts Estimate: $0.93
-Revenue (Q4): $4.07 Bln vs. $3.51 Bln last year.
-Revenue Change (Y-o-Y): 16.0%

Next quarter EPS guidance: $1.03 - $1.07

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