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Ross Stores (ROST) Stock Climbing After Q2 Results

NEW YORK (TheStreet) -- Shares of Ross Stores (ROST) were rising in mid-morning trading on Friday after the company posted better-than-anticipated results for the 2016 second quarter.

After yesterday's market close, the Dublin, CA-based discount retailer reported earnings of 71 cents per diluted share, surpassing analysts' estimates of 67 cents per share.

Revenue rose 7% to $3.18 billion year-over-year and was above Wall Street's projections of $3.13 billion.

Same-store sales...