Ross Stores, Inc. (NASDAQ: ROST) reported upbeat results for its third quarter and raised FY23 earnings guidance on Thursday.
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, according to Benzinga Pro.
The company raised its full-year 2023 earnings per share ...