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.