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-0.009268501354627 0.0765713674604307 0.0862683587622988 0.0769998574076716 0.0837009838870669 0.0982461143590475 0.0922572365606732 0.091259090260944
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 13 weeks ended November 2, 2024 of $1.48, up from $1.33 per share for the 13 weeks ended October 28, 2023. Net income for the period rose to $489 million versus $447 million last year. Sales for the 2024 third quarter were $5.1 billion, up from $4.9 billion in the prior year, with a comparable store sales gain of 1%.For the nine months ended November 2, 2024, earnings per share were $4.53 on net earnings of $1.5 billion, versus $3.74 per share on net income of $1.3 billion for the same year-to-date period in 2023. Sales for the first nine months of 2024 were $15.2 billion, with comparable store sales up 3% over the prior year.Barbara Rentler, Chief Executive Officer, commented, “We are disappointed with our third quarter sales results as business slowed from the solid gains we reported in the first half of 2024. Although our low-to-moderate income customers continue to face Show less Read more
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