Ross Stores Inc. Q4 Earnings Advance 6%

(RTTNews) - Ross Stores Inc. (ROST) released a profit for its fourth quarter that increased compared to the same period last year.

The company said its bottom line rose to $264.16 million, or $0.66 per share. This was up from $248.53 million, or $0.60 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.64 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 7.3% to $3.25 billion. This was up from $3.03 billion last year.

Ross Stores Inc. earnings at a glance:

-Earnings (Q4): $264.16 Mln. vs. $248.53 Mln. last year. -Earnings Growth (Y-o-Y): 6.3% -EPS (Q4): $0.66 vs. $0.60 last year. -EPS Growth (Y-o-Y): 10.0% -Analysts Estimate: $0.64 -Revenue (Q4): $3.25 Bln vs. $3.03 Bln last year. -Revenue Change (Y-o-Y): 7.3%

-Guidance: Next quarter EPS guidance: $0.69 - $0.72 Full year EPS guidance: $2.59 - $2.71