Ross Stores (ROST) Raises Quarterly Dividend 40.6% to $0.225; Raises Buyback to $1.075B
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Ross Stores Reports Record Fourth Quarter and Fiscal 2017 Results
March 6, 2018 4:01 PM ESTIncreases 2018 Stock Repurchase Authorization and Raises Quarterly Cash Dividend
Also Provides First Quarter and Fiscal 2018 Guidance
DUBLIN, Calif.--(BUSINESS WIRE)-- Ross Stores, Inc. (Nasdaq: ROST) today reported earnings per share for the 14 weeks ended February 3, 2018 of $1.19, up from $.77 in the 13 weeks ended January 28, 2017. Net earnings for the 14 weeks ended February 3, 2018 were $451 million, compared to $301 million in the 13 weeks ended January 28, 2017. Sales for the 2017 fourth quarter were up 16% to $4.1 billion. Comparable store sales for the 13 weeks ended January 27, 2018 rose 5% versus a 4% gain for the same period in... More
