Earnings Summary

Ross Stores Inc.’s revenue jumped 3.73% since last year same period to $4494.69Mn in the Q2 2023. On a quarterly growth basis, Ross Stores Inc. has generated -13.8% fall in its revenue since last 3-months.

Ross Stores Inc.’s net profit jumped 9.68% since last year same period to $371.19Mn in the Q2 2023. On a quarterly growth basis, Ross Stores Inc. has generated -16.97% fall in its net profits since last 3-months.

Ross Stores Inc.’s net profit margin jumped 5.73% since last year same period to 8.26% in the Q2 2023. On a quarterly growth basis, Ross Stores Inc. has generated -3.67% fall in its net profit margins since last 3-months.

Ross Stores Inc.’s price-to-earnings ratio after this Q2 2023 earnings stands at 22.97.

Ross Stores Inc.’s earning per share (EPS) estimates for the current quarter stand at 1.23 - a 51.85% jump from last quarter’s estimates.

Ross Stores Inc.’s earning per share (EPS) estimates for the current year stand at 1.23.

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 0.09.

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 0.37.

Ross Stores Inc. declared 0.34 dividend per share during the earnings announcement for Q2 2023.