Ross Stores Q4 EPS $1.31 beats guidance; raises dividend 8%; FY23 EPS guidance $4.65-$4.95

ROSS STORES, INC.

2022-FY EPS reported $4.38 revenue$18,695,829,000

Q4 EPS $1.31 vs $1.04 prior year; net income $447M; sales $5.2B; comp store sales up 1%.
Fiscal 2022 EPS $4.38; net income $1.5B; sales $18.7B; comp store sales down 4%.
Quarterly dividend increased 8% to $0.335 per share, payable March 31, 2023.
FY23 EPS guidance $4.65-$4.95 (incl. ~$0.15 from 53rd week); Q1 guidance $0.99-$1.05.
Repurchased 10.3M shares for $950M in fiscal 2022; $950M remaining under $1.9B authorization.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.97

ROSS STORES, INC. reported 13 weeks ending April 29, 2023 results: EPS $0.99 to $1.05. Guidance initiated.

Period: 13 weeks ending April 29, 2023
EPS: $0.99 to $1.05
Guidance: initiated
Result: guidance update

Exact text from the filing

If sales perform within this range, we expect earnings per share for the first quarter of 2023 to be $0.99 to $1.05 versus $0.97 last year.

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.98

ROSS STORES, INC. reported fourth quarter ended January 28, 2023 results: revenue $5.2 billion, net income $447 million, EPS $1.31.

Period: fourth quarter ended January 28, 2023
Revenue: $5.2 billion
Net income: $447 million
EPS: $1.31
Result: reported results

Exact text from the filing

Ross Stores, Inc. (NASDAQ: ROST) today reported earnings per share for the fourth quarter ended January 28, 2023 of $1.31 on net income of $447 million. These results compare to earnings per share of $1.04 on net earnings of $367 million for the 13 weeks ended January 29, 2022. Sales for the fourth quarter of 2022 were $5.2 billion, with comparable store sales up 1% on top of a 9% increase for the same period in 2021.

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.97

ROSS STORES, INC. reported 53 weeks ending February 3, 2024 results: EPS $4.65 to $4.95. Guidance initiated.

Period: 53 weeks ending February 3, 2024
EPS: $4.65 to $4.95
Guidance: initiated
Result: guidance update

Exact text from the filing

If sales perform in line with this plan, we expect earnings per share for the 53 weeks ending February 3, 2024 to be $4.65 to $4.95 compared to $4.38 in fiscal 2022.

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.98

ROSS STORES, INC. reported 2022 fiscal year ended January 28, 2023 results: revenue $18.7 billion, net income $1.5 billion, EPS $4.38.

Period: 2022 fiscal year ended January 28, 2023
Revenue: $18.7 billion
Net income: $1.5 billion
EPS: $4.38
Result: reported results

Exact text from the filing

For the 2022 fiscal year ended January 28, 2023, earnings per share were $4.38 on net income of $1.5 billion, compared to $4.87 per share on net earnings of $1.7 billion in 2021. Sales for 2022 were $18.7 billion, versus $18.9 billion in fiscal 2021, with comparable store sales down 4%, versus a robust 13% increase in the prior year.

View on SEC.gov

39 earnings releases filed in the last 30 days. Browse all earnings releases →

ROSS STORES, INC. filing history →

Source: SEC EDGAR

accession 0000745732-23-000004

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.