Earnings Summary

Ross Stores Inc.’s revenue jumped 15.5% since last year same period to $6022.5Mn in the Q1 2024. On a quarterly growth basis, Ross Stores Inc. has generated 22.29% jump in its revenue since last 3-months.

Ross Stores Inc.’s net profit jumped 36.38% since last year same period to $609.68Mn in the Q1 2024. On a quarterly growth basis, Ross Stores Inc. has generated 36.29% jump in its net profits since last 3-months.

Ross Stores Inc.’s net profit margin jumped 18.08% since last year same period to 10.12% in the Q1 2024. On a quarterly growth basis, Ross Stores Inc. has generated 11.45% jump in its net profit margins since last 3-months.

Ross Stores Inc.’s price-to-earnings ratio after this Q1 2024 earnings stands at 23.94.

Ross Stores Inc.’s earning per share (EPS) estimates for the current quarter stand at 1.35 - a -18.18% fall from last quarter’s estimates.

Ross Stores Inc.’s earning per share (EPS) estimates for the current year stand at 1.35.

Ross Stores Inc.’s earning per share (EPS) jumped 38.93% since last year same period to 1.82 in the Q1 2024. This indicates that the Ross Stores Inc. has generated 38.93% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Ross Stores Inc.’s return on assets (ROA) stands at 0.1.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Ross Stores Inc.’s return on equity (ROE) stands at 0.41.

Ross Stores Inc. declared 0.37 dividend per share during the earnings announcement for Q1 2024.