Ross Stores: Fiscal Q2 Earnings Snapshot

DUBLIN, Calif. (AP) — DUBLIN, Calif. (AP) — Ross Stores Inc. (ROST) on Thursday reported fiscal second-quarter earnings of $527.1 million.

The Dublin, California-based company said it had net income of $1.59 per share.

The results surpassed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $1.49 per share.

The discount retailer posted revenue of $5.29 billion in the period, which also topped Street forecasts. Seven analysts surveyed by Zacks expected $5.25 billion.

Ross Stores expects full-year earnings to be $6 to $6.13 per share.

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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