Investing.com - Ross Stores (NASDAQ:ROST) reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Ross Stores announced earnings per share of $1.00 on revenue of $4.57B. Analysts polled by Investing.com anticipated EPS of $0.81 on revenue of $4.36B.
Ross Stores shares are down 14% from the beginning of the year and are trading at $97.93 , down-from-52-week-high.
Ross Stores follows other major Consumer Discretionary sector earnings this month
Ross Stores's report follows an earnings beat by Amazon.com on Thursday, October 27, 2022, who reported EPS of $0.28 on revenue of $127.1B, compared to forecasts EPS of $0.22 on revenue of $127.76B.
Tesla had beat expectations on Wednesday, October 19, 2022 with third quarter EPS of $1.05 on revenue of $21.45B, compared to forecast for EPS of $1 on revenue of $21.98B.
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