Ross Stores Inc. (NASDAQ: ROST), which operates a chain of off-price apparel and home accessories stores, has announced results for the second quarter of 2023.
- The company reported earnings per share of $1.32 or a net income of $446 million for the July quarter, which is higher than the prior-year numbers
- Second-quarter sales increased to $4.9 billion from $4.6 billion in the prior-year period; comparable store sales were up 5%, vs. down 7% in Q2 2022
- The management expects third-quarter comparable store sales to be up 2% -3%, and fourth-quarter comps up 1-2%
- Third-quarter earnings per share are projected to be between $1.16 and $1.21, vs. $1.00 last year
- The guidance for fourth-quarter earnings per share is $1.58-$1.64, compared to $1.31 a year earlier
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
Earnings Preview: What to look for when Netflix (NFLX) reports Q4 2025 results
Netflix, Inc. (NASDAQ: NFLX) is expected to report Q4 results on January 20, amid expectations for strong revenue and earnings growth. The company is navigating a shifting streaming landscape where
What to look for when United Airlines (UAL) reports its Q4 2025 earnings results
Shares of United Airlines (NASDAQ: UAL) stayed red on Thursday. The stock has gained 15% over the past three months. The airline is scheduled to report its earnings results for
Infographic: How Constellation Brands (STZ) performed in Q3 2026
Constellation Brands, Inc. (NYSE: STZ) reported net sales of $2.22 billion for the third quarter of 2026, down 10% year-over-year. Organic net sales were down 2%. Net income attributable to
