Investing.com - Ross Stores reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Ross Stores announced earnings per share of $1.09 on revenue of $4.57B. Analysts polled by Investing.com anticipated EPS of $0.7863 on revenue of $4.33B.
Ross Stores shares are up 83% from the beginning of the year , still down 10.74% from its 52 week high of $134.16 set on Monday, May 10, 2021. They are outperforming the Nasdaq 100 which is up 27.89% year to date.
Ross Stores shares gained 1.46% in after-hours trade the report.
Ross Stores follows other major Consumer Discretionary sector earnings this month
Ross Stores's report follows an earnings beat by Toyota Motor ADR on Thursday, November 4, 2021, who reported EPS of $3.96 on revenue of $66.4B, compared to forecasts EPS of $2.81 on revenue of $63.44B.
Amazon.com had missed expectations on Thursday, October 28, 2021 with third quarter EPS of $6.12 on revenue of $110.81B, compared to forecast for EPS of $8.9 on revenue of $111.55B.
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