Ross Stores Reports Improved Trends in Third Quarter Sales and Earnings
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/17/2026
- Generac strikes $8B supply deal with Amazon for data center power
- Wall St ends lower after Fed hikes interest rates, sees more tightening ahead
- Paradium AI (PAAI) Halted, News Pending
- BofA Securities Reiterates Buy Rating on Apple (AAPL)
- Shipping stocks on fire — but cracks are forming in the rate rally
Ross Stores (ROST) Tops Q3 EPS by 4c, Revenues Beat
November 19, 2020 4:03 PM ESTRoss Stores (NASDAQ: ROST) reported Q3 EPS of $0.65, $0.04 better than the analyst estimate of $0.61. Revenue for the quarter came in at $3.75 billion versus the consensus estimate of $3.43 billion.
Barbara Rentler, Chief Executive Officer, commented, Sales trends accelerated during the third quarter following a slower start in August, driven by an improvement in our merchandise assortments, a later back-to-school season, stronger performance in our larger markets, and our return to more normal store hours.
Ms. Rentler continued, Third quarter operating margin of 4.4% was down... More
