Ross Stores, Inc. (ROST) Announces Record Fourth Quarter and Fiscal Year 2008 Earnings
Before the opening bell, Ross Stores, Inc. announced earnings per share for the 13 weeks ended January 31, 2009 of $.76, up 9% from $.70 for the 13 weeks ended February 2, 2008. Net earnings for the 13 week period grew to a record $97.4 million, up from $94.5 million for the 13 weeks ended February 2, 2008. Sales for the 13 weeks ended January 31, 2009 increased 5% to $1.734 billion compared to $1.652 billion for the 13 weeks ended February 2, 2008. For the year ended January 31, 2009, earnings per share grew 23% to $2.33 compared to…