Ross Stores (ROST) Tops Q3 EPS by 11c

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Go back to Ross Stores (ROST) Tops Q3 EPS by 11c

Ross Stores Reports Third Quarter Earnings, Updates Fourth Quarter Guidance

November 16, 2023 4:01 PM EST

DUBLIN, Calif.--(BUSINESS WIRE)-- Ross Stores, Inc. (NASDAQ: ROST) today reported earnings per share for the 13 weeks ended October 28, 2023 of $1.33, up from $1.00 per share for the 13 weeks ended October 29, 2022. Net income for the period rose to $447 million versus $342 million last year. Sales for the 2023 third quarter were $4.9 billion, up from $4.6 billion in the prior year, with a comparable store sales gain of 5%.

For the nine months ended October 28, 2023, earnings per share were $3.74 on net earnings of $1.3 billion, versus $3.08 per share on net income of $1.1 billion for the same year-to-date period... More