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
Infographic: Key metrics from Estee Lauder’s (EL) Q3 2024 earnings results
The Estee Lauder Companies Inc. (NYSE: EL) reported its third quarter 2024 earnings results today. Net sales were $3.94 billion, up 5% from the prior-year quarter. Organic sales increased 6%.
YUM Earnings: Key quarterly highlights from Yum! Brands’ Q1 2024 financial results
Yum! Brands, Inc. (NYSE: YUM) reported first quarter 2024 earnings results today. Total revenues decreased 3% year-over-year to $1.59 billion. Same-store sales declined 3%. Net income increased 5% to $314
Pfizer (PFE) Q1 2024 Earnings: Key financials and quarterly highlights
Pfizer Inc. (NYSE: PFE) reported first quarter 2024 earnings results today. Revenues decreased 20% year-over-year to $14.8 billion. Reported net income declined 44% to $3.1 billion, or $0.55 per share,