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0 0.00434782608695652 -0.021304347826087 -0.0171304347826087 -0.0174782608695651 -0.0191304347826087 -0.0165217391304347 -0.0173913043478261
Stock impact report

Ross Stores Reports Third Quarter Earnings, Updates Fourth Quarter Guidance

Ross Stores, Inc. (ROST) 
Last ross stores, inc. earnings: 3/3 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.rossstores.com
Company Research Source: Business Wire
DUBLIN, Calif.--(BUSINESS WIRE)--Ross Stores, Inc. (Nasdaq: ROST) today reported earnings per share for the third quarter ended November 2, 2019 of $1.03, up from $.91 last year. Net earnings grew to $371 million from $338 million in the prior year. Third quarter sales rose 8% to $3.8 billion, with comparable store sales up a strong 5% on top of last year’s gain of 3%.For the nine months ended November 2, 2019, earnings per share were $3.32, up from $3.06 last year. Net earnings were $1.2 billion, compared to $1.1 billion in the prior year. Sales year-to-date rose 7% to $11.6 billion, with comparable store sales up 3% versus a 3% gain for the first nine months of 2018.Barbara Rentler, Chief Executive Officer, commented, “We are pleased that our third quarter results were ahead of expectations. Operating margin of 12.4% was also above-plan mainly due to better than expected sales and merchandise margin.”Ms. Rentler continued, “During the third quarter and first nine months of fisca Show less Read more
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