Ross Stores (ROST) tops expectations for Q4 earnings and revenue

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Go back to Ross Stores (ROST) tops expectations for Q4 earnings and revenue

Ross Stores Reports Results for Fourth Quarter and Fiscal 2023

March 5, 2024 4:01 PM EST

Announces New Two-year Stock Repurchase Authorization and Raises Quarterly Cash Dividend

Provides First Quarter and Fiscal 2024 Guidance

DUBLIN, Calif.--(BUSINESS WIRE)-- Ross Stores, Inc. (NASDAQ: ROST) today reported earnings per share for the 14 weeks ended February 3, 2024 of $1.82, up from $1.31 per share for the 13 weeks ended January 28, 2023. Net income for the period rose to $610 million versus $447 million last year. Sales for the 14 weeks ended February 3, 2024 grew to $6.0 billion, with comparable store sales for the 13 weeks ended January 27, 2024 up a robust 7% over the same period... More