Ross Stores (ROST) Tops Q3 EPS by 31c, Offers Guidance

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Go back to Ross Stores (ROST) Tops Q3 EPS by 31c, Offers Guidance

Ross Stores Reports Third Quarter Results, Provides Fourth Quarter Guidance

November 18, 2021 4:01 PM EST

DUBLIN, Calif.--(BUSINESS WIRE)-- Ross Stores, Inc. (NASDAQ: ROST) today reported earnings per share for the third quarter ended October 30, 2021 of $1.09 on net income of $385 million. This compares to $1.03 per share on net earnings of $371 million for the 13 weeks ended November 2, 2019. Sales rose 19% to $4.6 billion, with comparable store sales up a strong 14%.

For the nine months ended October 30, 2021, earnings per share were $3.82 on net earnings of $1.4 billion, up from $3.32 per share on net income of $1.2 billion for the same period in 2019. Sales year-to-date rose 20% to $13.9 billion, with comparable store sales up... More