ROST - Ross Stores Stock Gains On Solid Q3 Earnings Raised FY23 Forecast | Benzinga
Ross Stores, Inc. (NASDAQ: ROST) shares are trading higher in Thursday's after-hours session on the heels of the company's third-quarter earnings. Here's what's going on.
What To Know: Ross Stores reported quarterly earnings of $1.33 per share, surpassing estimates of $1.21, representing a 33% increase over earnings of $1.00 per share from the same period last year.
Revenue clocked in at $4.92 billion, above the analyst consensus estimate of $4.82 billion, a 7.87% increase over sales of $4.57 billion the same period last year.
The company also had cash ...