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Aug 22, 2024 5:10 PM

Ross Stores Reports Better-Than-Expected Q2 Results, Raises Guidance

Ross Stores, Inc. (NASDAQ:ROST) shares are trading higher Thursday after the company reported better-than-expected second-quarter results and raised its fiscal year earnings guidance with its midpoint above estimates. Here's a look at the details from the report. 

The Details: Ross Stores reported quarterly GAAP earnings of $1.59 per share which beat the analyst consensus estimate and represents a 20.45% from the same period last year.

Quarterly revenue came in at $5.29 billion which also ...