Shares of Ross Stores Inc. gained in Thursday’s extended session after the retailer posted better-than-expected earnings. Ross reported its third-quarter earnings rose to $244.5 million, or 62 cents a share, from $215.7 million, or 53 cents a share, a year earlier. Revenue grew 11% to $3.09 billion. Analysts surveyed by FactSet had forecast earnings of 56 cents a share on revenue of $2.96 billion. The clothing store predicted a “very promotional” holiday season due to uncertain economic, political and retail environments but maintained its fourth-quarter same-store sales outlook at 1% to 2% growth and earnings per share of 72 cents to 75 cents versus an average estimate of 75 cents. Ross shares rose more than 2% after hours.
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