Ross Stores (ROST) Tops Q4 EPS by 7c; Guides for Q1, FY23

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Go back to Ross Stores (ROST) Tops Q4 EPS by 7c; Guides for Q1, FY23

Ross Stores Reports Fourth Quarter and Fiscal 2022 Results

February 28, 2023 4:01 PM EST

Announces 8% Increase in Quarterly Cash Dividend

Provides First Quarter and Fiscal 2023 Outlook

DUBLIN, Calif.--(BUSINESS WIRE)-- Ross Stores, Inc. (NASDAQ: ROST) today reported earnings per share for the fourth quarter ended January 28, 2023 of $1.31 on net income of $447 million. These results compare to earnings per share of $1.04 on net earnings of $367 million for the 13 weeks ended January 29, 2022. Sales for the fourth quarter of 2022 were $5.2 billion, with comparable store sales up 1% on top of a 9% increase for the same period in 2021.

For the 2022 fiscal year... More