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00:02Ross Stores reported fourth-quarter adjusted earnings of $2 per share on $6.64 billion in
00:08revenue, beating estimates of $1.89 per share and $6.41 billion, according to Benzinga Pro.
00:16Total revenue rose 12% year-over-year as comparable store sales increased 9%.
00:21CEO Jim Conroy said sales and earnings exceeded expectations during the holiday season as the
00:27company delivered compelling assortments, expanded marketing campaigns, and executed in-store
00:32initiatives.
00:32Ross expects first-quarter earnings of $1.60 to $1.67 per share versus estimates of $1.62.
00:41The company forecasts full-year earnings of $7.02 to $7.36 per share versus estimates of $7.17.
00:51Shares rose in after-hours trading on Tuesday.
00:53For all things money, visit Benzinga.com.
00:57We'll do that.
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