Ross Stores gains on better-than-expected sales forecast

Discount store operator Ross Stores' ROST.O shares rise 6% to $209.88 after hours

Co forecasts annual sales above analysts' average estimates, betting on resilient demand for its discounted apparel

Expects annual same-store sales growth of 3% to 4%, compared with analysts' estimate of a 3.05% increase - LSEG data

Comparable sales rise 9% in Q4, compared with estimates of 4.03% rise

Co reports 12.2% rise in Q4 sales to $6.63 billion, vs analysts' avg. estimate of $6.41 bln - data compiled by LSEG

As of Tuesday's close, stock had risen 9.7% YTD