Ross Stores Reports Second Quarter Earnings, Provides Second Half 2019 Guidance
Ross Stores, Inc. (ROST)
Last ross stores, inc. earnings: 3/3 04:01 pm
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Source: Business Wire
DUBLIN, Calif.--(BUSINESS WIRE)--Ross Stores, Inc. (Nasdaq: ROST) today reported earnings per share for the second quarter ended August 3, 2019 of $1.14, up from $1.04 last year. Net earnings grew to $413 million, compared to $389 million in the prior year. Sales rose 6% to $4.0 billion, with comparable store sales up 3% on top of last year’s strongest quarterly comparison of 5%.For the six months ended August 3, 2019, earnings per share were $2.29, up from $2.15 last year. Net earnings were $834 million versus $808 million in the first half of 2018. Sales for the first six months of 2019 rose 6% to $7.8 billion, with comparable store sales up 2% versus a 4% gain for the first half of 2018. Both the second quarter and year-to-date earnings results include an approximate $.02 per share benefit from favorable timing of expenses that are expected to reverse in the second half.Barbara Rentler, Chief Executive Officer, commented, “We delivered respectable gains in both sales and earnin
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ROST
Earnings
- 3/5/24 - Beat
ROST
Sec Filings
- 4/24/24 - Form PX14A6G
- 4/9/24 - Form DEFA14A
- 4/9/24 - Form DEF
- ROST's page on the SEC website