Ross Stores (ROST) Q1 Earnings & Sales Beat Estimates, Up Y/Y
Ross Stores(ROST) zacks.com·2024-05-25 02:51
Ross Stores, Inc.’s (ROST) top and bottom lines beat the Zacks Consensus Estimate in the first quarter of fiscal 2024. Both metrics improved year over year. The strong results, which can be attributed to customers' favorable response to quality and branded bargains, lead to impressive earnings growth.Consequently, this Zacks Rank #3 (Hold) company’s shares have rallied 30.3% in the past year compared with the industry's 36.3% growth.Q1 InsightsRoss Stores’ earnings of $1.46 per share beat the Zacks Consensu ...