Ross Stores Q2 EPS $1.32 Beats $1.16 Estimate, Sales $4.90B Beat $4.75B Estimate
Portfolio Pulse from Benzinga Newsdesk
Ross Stores reported Q2 earnings of $1.32 per share, beating the analyst consensus estimate of $1.16 by 13.79%. This is an 18.92% increase from the same period last year. The company also reported quarterly sales of $4.90 billion, beating the analyst consensus estimate of $4.75 billion by 3.16%. This is a 6.92% increase from the same period last year.
August 17, 2023 | 8:01 pm
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POSITIVE IMPACT
Ross Stores reported better than expected Q2 earnings and sales, which could positively impact its stock price.
Ross Stores reported Q2 earnings and sales that beat analyst estimates. This positive financial performance could lead to increased investor confidence and a potential rise in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100