by Mike Duff | Mar 8, 2023 | Retail Articles
Ross Stores beat Wall Street fourth-quarter estimates as consumers responded to the off-price retailer’s updated assortments and values, the company reported. Ross Stores posted a net income of $447 million, or $1.31, per diluted share for the quarter versus...
by Mike Duff | Nov 18, 2022 | Retail Articles
Although Ross Stores sales and earnings in its third quarter couldn’t surpass prior-year totals, the off-price retailer managed to beat Wall Street estimates for the quarter. In the period, Ross Stores posted net income of $342 million, or $1 per diluted share, versus...
by Mike Duff | Aug 19, 2022 | Retail Articles
Slower spending by lower to moderate income consumers hit Ross Stores second quarter results even if lower earnings were better than Wall Street anticipated. For the second quarter that ended July 30, Ross Stores reported earnings of $384.5 million, or $1.11 per...
by Mike Duff | May 20, 2022 | Retail Articles
Sales at Ross Stores slid as the first fiscal quarter progressed leading to a comp decline and earnings shortfall. First-quarter net earnings were $338.4 million, or 97 cents per diluted share, versus $476.5 million, or $1.34 per diluted share, in the period a year...
by Mike Duff | Mar 2, 2022 | Featured News, Retail Articles
Ross Stores surpassed $5 billion in sales in the fourth quarter, although earnings slipped versus fiscal 2019 while still beating a Wall Street estimate. Net earnings for the quarter were $366.8 million, or $1.04 per diluted share, versus $238 million, or 67 cents per...
