DUBLIN, Calif. (AP) — DUBLIN, Calif. (AP) — Ross Stores Inc. (ROST) on Tuesday reported fiscal fourth-quarter earnings 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 exceeding Street forecasts. Seven analysts surveyed by Zacks expected $5.78 billion.
For the year, the company reported profit of $1.87 billion, or $5.56 per share. Revenue was reported as $20.38 billion.
Ross Stores expects full-year earnings to be $5.64 to $5.89 per share.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ROST at https://www.zacks.com/ap/ROST