23.05.2024 22:10:18 - dpa-AFX: Ross Stores Inc. Reveals Increase In Q1 Bottom Line, Beats Estimates
PLEASANTON (dpa-AFX) - Ross Stores Inc. (ROST) reported earnings for its
first quarter that increased from the same period last year and beat the Street
estimates.
The company's bottom line came in at $487.99 million, or $1.46 per share. This
compares with $371.19 million, or $1.09 per share, in last year's first quarter.
Analysts on average had expected the company to earn $1.34 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.
The company's revenue for the quarter rose 8.2% to $4.86 billion from $4.49
billion last year.
Ross Stores Inc. earnings at a glance (GAAP) :
-Earnings (Q1): $487.99 Mln. vs. $371.19 Mln. last year.
-EPS (Q1): $1.46 vs. $1.09 last year.
-Revenue (Q1): $4.86 Bln vs. $4.49 Bln last year.
-Guidance:
Next quarter EPS guidance: $1.43 to $1.49
Full year EPS guidance: $5.79 to $5.98
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