Ross Stores (ROST) Q4 Earnings & Sales Beat, Improve Y/Y
ROSTRoss Stores(ROST) Zacks Investment Research·2024-03-06 22:56

Ross Stores, Inc.’s (ROST) top and bottom lines beat estimates in the fourth quarter of fiscal 2023. Both metrics improved year over year. The strong results can be attributed to customers' favorable response to quality, branded bargains, leading to significant earnings growth. The year witnessed a strategic increase in merchandise offerings and efficient operational adjustments, positioning Ross well for fiscal 2024 despite potential economic uncertainties. Consequently, this Zacks Rank #2 (Buy) company’s ...