Investing.com - Ross Stores (NASDAQ:ROST) reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Ross Stores announced earnings per share of $1.04 on revenue of $5.02B. Analysts polled by Investing.com anticipated EPS of $0.9595 on revenue of $4.95B.
Ross Stores shares are down 21% from the beginning of the year and are trading at $95.92 , down-from-52-week-high.They are under-performing the Nasdaq 100 which is down 14.18% from the start of the year.
Ross Stores shares gained 7.11% 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 Amazon.com on Thursday, February 3, 2022, who reported EPS of $27.75 on revenue of $137.41B, compared to forecasts EPS of $3.61 on revenue of $137.68B.
Home Depot had beat expectations on Tuesday, February 22, 2022 with fourth quarter EPS of $3.21 on revenue of $35.72B, compared to forecast for EPS of $3.18 on revenue of $34.88B.
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