DUBLIN, Calif. (AP) — DUBLIN, Calif. (AP) — Ross Stores Inc. (ROST) on Thursday reported fiscal second-quarter profit of $508 million. On a per-share basis, the Dublin, California-based company said it had net income of $1.56.

Earnings per share (EPS) of $1.56 (GAAP) topped the high end of guidance, though this was a 1.9% decrease from last year’s $1.59 (GAAP, Q2 FY2024). Ross Stores (NASDAQ:ROST), the off-price retail chain known for offering brand-name merchandise at a discount,