PLEASANTON (dpa-AFX) - Ross Stores Inc. (ROST) announced earnings for fourth quarter that decreased from the same period last year but beat the Street estimates.
The company's bottom line came in at $586.78 million, or $1.79 per share. This compares with $609.68 million, or $1.82 per share, last year.
Analysts on average had expected the company to earn $1.66 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 1.8% to $5.912 billion from $6.022 billion last year.
Ross Stores Inc. earnings at a glance (GAAP) :
-Earnings: $586.78 Mln. vs. $609.68 Mln. last year. -EPS: $1.79 vs. $1.82 last year. -Revenue: $5.912 Bln vs. $6.022 Bln last year.
-Guidance: Next quarter EPS guidance: $1.33 to $1.47
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