---
schema_version: "secwatch.filing_event.v1"
accession: "0000745732-22-000058"
form_type: "8-K"
ticker: "ROST"
cik: "0000745732"
company_name: "ROSS STORES, INC."
filed_at: "2022-11-17T23:59:59+00:00"
generated_at: "2026-06-21T17:01:26.906756+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Ross Stores Q3 EPS $1.00, comps down 3%; raises Q4 guidance to $1.13-$1.26

## Summary
- Q3 diluted EPS $1.00 (net income $342M) vs $1.09 ($385M) a year ago; beat company expectations.
- Sales $4.6B flat YoY; comparable store sales -3% on top of a 14% gain last year.
- Operating margin 9.8% vs 11.4%, pressured by deleverage, higher markdowns and packaway timing.
- Q4 guidance: comps flat to -2%, EPS $1.13-$1.26; FY2022 EPS now $4.21-$4.34 (vs $4.87 last year).
- Repurchased 2.8M shares for $244M in Q3; on track for $950M in FY2022 under $1.9B program.

## SEC filing metadata
- accession: 0000745732-22-000058
- form_type: 8-K
- ticker: ROST
- cik: 0000745732
- company_name: ROSS STORES, INC.
- filed_at: 2022-11-17T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/745732/000074573222000058/0000745732-22-000058-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/745732/000074573222000058/rost-20221117.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000745732-22-000058
- JSON: https://secwatch.observer/filing/0000745732-22-000058.json
- Plain text: https://secwatch.observer/filing/0000745732-22-000058.txt

## Key facts
- Earnings Releases
  ROSS STORES, INC. reported the fiscal quarter ended October 29, 2022 results: revenue $4.6 billion, net income $342 million, EPS $1.00. Guidance raised.
  - Period: the fiscal quarter ended October 29, 2022
  - Revenue: $4.6 billion
  - Net income: $342 million
  - EPS: $1.00
  - Guidance: raised
  - Result: reported results
  source text: Ross Stores, Inc. (NASDAQ: ROST) today reported earnings per share for the third quarter ended October 29, 2022 of $1.00 on net income of $342 million. These results compare to earnings per share of $1.09 on net income of $385 million for the 13 weeks ended October 30, 2021. Sales for the 2022 third quarter were $4.6 billion, in line with the prior year, with comparable store sales down 3% on top of a robust 14% gain for the same period in 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/745732/000074573222000058/0000745732-22-000058-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.