secwatch.observer — SEC 8-K summary
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Issuer:     ROSS STORES, INC. (ROST)
CIK:        0000745732
Form:       8-K
Filed at:   2023-02-28T23:59:59+00:00
Accession:  0000745732-23-000004
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/745732/000074573223000004/0000745732-23-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/745732/000074573223000004/rost-20230228.htm
  HTML page:      https://secwatch.observer/filing/0000745732-23-000004

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer