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Ross Stores Inc. Bottom Line Advances In Q2

Ross Stores Inc. (ROST) revealed a profit for its second quarter that increased from the same period last year.

The company's bottom line totaled $412.72 million, or $1.14 per share. This compares with $389.40 million, or $1.04 per share, in last year's second quarter.

Analysts had expected the company to earn $1.12 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 6.4% to $3.98 billion from $3.74 billion last year.

Ross Stores Inc. earnings at a glance:

-Earnings (Q2): $412.72 Mln. vs. $389.40 Mln. last year.
-EPS (Q2): $1.14 vs. $1.04 last year.
-Analysts Estimate: $1.12
-Revenue (Q2): $3.98 Bln vs. $3.74 Bln last year.

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