Second quarter sales and earnings up at Ross Stores
Ross Stores, Inc. reported earnings per share for the second quarter ended August 3, 2019 of 1.14 dollars, up from 1.04 dollars last year. Net earnings grew to 413 million dollars compared to 389 million dollars in the prior year. The company’s sales rose 6 percent to 4 billion dollars, with comparable store sales up 3 percent. For the six months, earnings per share were 2.29 dollars, up from 2.15 dollars last year, while net earnings reached 834 million dollars versus 808 million dollars in the first half of 2018. Sales for the period rose 6 percent to 7.8 billion dollars, with comparable store sales up 2 percent.
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