Ross Stores Inc. (ROST) reported a profit for its third quarter that rose from last year.
The company's bottom line totaled $370.93 million, or $1.03 per share. This compares with $338.11 million, or $0.91 per share, in last year's third quarter.
Analysts had expected the company to earn $0.97 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 8.5% to $3.85 billion from $3.55 billion last year.
Ross Stores Inc. earnings at a glance:
-Earnings (Q3): $370.93 Mln. vs. $338.11 Mln. last year.
-EPS (Q3): $1.03 vs. $0.91 last year.
-Analysts Estimate: $0.97
-Revenue (Q3): $3.85 Bln vs. $3.55 Bln last year.
-Guidance:
Next quarter EPS guidance: $1.20 to $1.25
Full year EPS guidance: $4.52 to $4.57
For comments and feedback: editorial@rttnews.com