Ross Stores Q3 EPS $1.33 Vs $1.00 Last Year, Sales $4.92B Beat $4.82B Estimate
Portfolio Pulse from Benzinga Newsdesk
Ross Stores reported Q3 earnings of $1.33 per share, a 33% increase from $1.00 last year. Sales reached $4.92B, surpassing the $4.82B estimate and marking a 7.87% increase from the previous year.
November 16, 2023 | 9:03 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Ross Stores' Q3 earnings surpassed expectations with a significant increase in EPS and sales, indicating strong performance.
The positive earnings report, with both EPS and sales exceeding estimates, is likely to instill investor confidence and could lead to a short-term increase in stock price. The substantial year-over-year growth in earnings and sales further reinforces the company's strong performance.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100