{"id":29959,"date":"2012-08-17T17:57:51","date_gmt":"2012-08-17T21:57:51","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=29959"},"modified":"2012-08-17T17:57:51","modified_gmt":"2012-08-17T21:57:51","slug":"video-ross-sees-2nd-quarter-profit-rise-23","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2012\/08\/17\/video-ross-sees-2nd-quarter-profit-rise-23\/","title":{"rendered":"VIDEO: Ross Sees 2nd Quarter Profit Rise 23%"},"content":{"rendered":"<p><div id=\"grabDiv1767162\"><object id=\"GrabPlayer1767162\" width=\"542\" height=\"304\" type=\"application\/x-shockwave-flash\" align=\"middle\" data=\"http:\/\/player.grabnetworks.com\/swf\/GrabOSMFPlayer.swf?id=1767162&#038;content=v7263675dc28db74238dc3ff8fc5d828e097f3d5c&#038;tgt=grabnetworks\"><param name=\"quality\" value=\"high\"\/><param name=\"allowScriptAccess\" value=\"always\"\/><param name=\"allowFullScreen\" value=\"true\"\/><param name=\"menu\" value=\"false\"\/><param name=\"wmode\" value=\"transparent\"\/><param name=\"movie\" value=\"http:\/\/player.grabnetworks.com\/swf\/GrabOSMFPlayer.swf?id=1767162&#038;content=v7263675dc28db74238dc3ff8fc5d828e097f3d5c&#038;tgt=grabnetworks\"\/><\/object><\/p>\n<div id=\"overlay-adzone\" style=\"overflow:hidden; position:relative\"><\/div>\n<\/div>\n<p>Ross Stores saw earnings rise 23% in the second quarter thanks to a double digit rise in revenue. Ross, the discount retailer, raised its outlook for the year, now saying that it expects to earn $3.36 to $3.44 per share instead of the previously announced $3.26 to $3.27. Ross reported a profit of $182 million, or 81 cents a share for the second quarter. This is up from $148.3 million, or 64 cents a share, the year before. This rise in earnings was enough to combat an 11% increase in costs and expenses, which rose to $2.04 billion. On the news, Ross is trading up .47%. For more on the latest business news, follow us on Twitter @FNNOnline, or check out our website at fnno.com<\/p>\n<p><img src='http:\/\/images.grab-media.com\/financial_news_network\/2012\/08\/17\/1_xs9unb79_thumb.jpg' \/><\/p>\n<p><!--post_img[http:\/\/images.grab-media.com\/financial_news_network\/2012\/08\/17\/1_xs9unb79_preview.jpg]--><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ross Stores saw earnings rise 23% in the second quarter thanks to a double digit rise in revenue. Ross, the discount retailer, raised its outlook for the year, now saying that it expects to earn $3.36 to $3.44 per share instead of the previously announced $3.26 to $3.27. Ross reported a profit of $182 million, &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2012\/08\/17\/video-ross-sees-2nd-quarter-profit-rise-23\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;VIDEO: Ross Sees 2nd Quarter Profit Rise 23%&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-29959","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/29959","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=29959"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/29959\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=29959"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=29959"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=29959"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}