Ross Stores Inc. (NASDAQ: ROST), which operates a chain of off-price apparel and home accessories stores, has announced results for the third quarter of 2023.
- In the October quarter, earnings per share increased to $1.33 from $1.00 in the third quarter of 2022
- Net income for the three-month period was $447 million, versus $342 million in the prior-year quarter
- The company reported total sales of $4.9 billion for Q3, up from $4.6 billion in the same period last year
- There was a 5% increase in comparable store sales; the management expects same-store sales to be up 1-2% in Q4
- It is looking for earnings in the range of $1.56 per share to $1.62 per share for Q4, compared to $1.31 per share last year
- Full-year profit is expected to be in the range of $5.30 per share to $5.36 per share
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
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
