Categories Consumer, Earnings

ROST Earnings: Highlights of Ross Stores’ Q3 2023 results

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

After strong Q3, can Salesforce (CRM) keep the momentum going?

Salesforce, Inc. (NYSE: CRM) reported strong third-quarter results this week, triggering a stock rally that marked one of the biggest single-day gains. The impressive performance reflects the continued strong demand

What to look for when J.M. Smucker (SJM) reports Q2 2024 earnings

Shares of the J.M. Smucker Co. (NYSE: SJM) rose over 1% on Friday. The stock has dropped 29% year-to-date. The branded foods company is set to report its earnings results

Ulta Beauty (ULTA) Earnings: 3Q23 Key Numbers

Ulta Beauty, Inc. (NASDAQ: ULTA) reported net sales of $2.5 billion for the third quarter of 2023, up 6.4% year-over-year, helped by increased comparable sales, strong new store performance, and

Add Comment
Viewing Highlight