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Ross Stores: Fiscal Q4 Earnings Snapshot

Ross Stores: Fiscal Q4 Earnings Snapshot

By AP News
Published - Mar 05, 2024, 04:30 PM ET
Last Updated - Mar 05, 2024, 04:31 PM EST

DUBLIN, Calif. (AP) — DUBLIN, Calif. (AP) — Ross Stores Inc. (ROST) on Tuesday reported fiscal fourth-quarter net income of $609.7 million.

The Dublin, California-based company said it had profit of $1.82 per share.

The results topped Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $1.63 per share.

The discount retailer posted revenue of $6.02 billion in the period, also topping Street forecasts. Seven analysts surveyed by Zacks expected $5.78 billion.

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