Recap: Ross Stores Q1 Earnings
Portfolio Pulse from Benzinga Insights
Ross Stores (NASDAQ: ROST) reported Q1 earnings with an EPS of $1.09, beating estimates by 2.83%. Revenue increased by $162 million compared to the same period last year.
May 18, 2023 | 8:10 pm
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Ross Stores' Q1 earnings beat estimates with a 2.83% higher EPS of $1.09 and a YoY revenue increase of $162 million.
Ross Stores reported better-than-expected Q1 earnings, with a 2.83% higher EPS than estimates and a YoY revenue increase of $162 million. This positive financial performance is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100