Ross Stores Stock News

(RTTNews) - Ross Stores Inc. (ROST) announced a profit for its third quarter that rose from last year. The company''s earnings totaled $385.03 million, or $1.09 per share. This compares with $131.20 million, or $0.37 per share, in last year''s third quarter. The company''s revenue for the quarter rose 21.9% to $4.57 billion from $3.

DUBLIN, Calif.--(BUSINESS WIRE)--Ross Stores, Inc. (NASDAQ: ROST) today reported earnings per share for the third quarter ended October 30, 2021 of $1.09 on net income of $385 million. This compares to $1.03 per share on net earnings of $371 million for the 13 weeks ended November 2, 2019. Sales rose 19% to $4.6 billion, with comparable store sales up a strong 14%. For the nine months ended October 30, 2021, earnings per share were $3.82 on net earnings of $1.4 billion, up from $3.32 per share

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Ross Stores (ROST) delivered earnings and revenue surprises of 37.97% and 4.70%, respectively, for the quarter ended October 2021. Do the numbers hold clues to what lies ahead for the stock?

Ross Stores (NASDAQ:ROST) reported its Q3 earnings results on Thursday, November 18, 2021 at 04:00 PM. Here's what investors need to know about the announcement.

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