Ross Shops Inc. (NASDAQ: ROST), which operates a sequence of off-price attire and residential equipment shops, reported a rise in gross sales and revenue for the third quarter of 2024.
- The corporate reported earnings of $1.48 per share within the October quarter, up from $1.33 per share within the prior-year quarter
- Q3 internet revenue elevated to $489 million from $447 million within the comparable interval of 2023.
- Within the third quarter, gross sales elevated to $5.1 billion from $4.9 billion within the prior-year interval, with a comparable retailer gross sales acquire of 1%
- For the fourth quarter, the corporate continues to venture comparable retailer gross sales to extend 2% to three%
- Earnings per share for the fourth quarter are anticipated to be within the vary of $1.57 to $1.64
- For the complete fiscal yr, the administration expects earnings per share to be within the vary of $6.10 to $6.17
