Ross Stores beats Q3 profit, same-store sales expectations [MarketWatch]
Ross Stores, Inc. (ROST)
Last ross stores, inc. earnings: 3/3 04:01 pm
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Source: MarketWatch
Ross Stores beats Q3 profit, same-store sales expectations Shares of Ross Stores Inc. ROST, +1.22% rose 2% in the extended session Thursday after the retailer reported third-quarter profit and same-store sales above expectations. Ross said it earned $371 million, or $1.03 a share, in the quarter, compared with $338 million, or 91 cents a share, in the same period last year. Sales rose to $3.8 billion, compared with $3.5 billion a year ago. Comparable-store sales rose 5% on top of last year's gain of 3%, Ross Stores said. Analysts polled by FactSet had expected earnings of 98 cents on sales of $3.8 billion. The analysts had expected same-store sales 2.8% higher. As the holiday season begins Ross is "up against multiple years of strong comparable-store sales gains," and "another fiercely competitive retail landscape," Chief Executive Barbara Rentler said in a statement. "As such, while we hope to do better, we continue to project fourth quarter comparable store sales gains of 1% to 2
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- Column: More than just a store, 99 Cents Only gave a fair shake to all who entered [Los Angeles Times (CA)]Los Angeles Times
ROST
Earnings
- 3/5/24 - Beat
ROST
Sec Filings
- 4/24/24 - Form PX14A6G
- 4/9/24 - Form DEFA14A
- 4/9/24 - Form DEF
- ROST's page on the SEC website