Company Earnings UpdateRoss Stores (ROST) 3Q17 Results: Beats Estimates, Raises FY17 Guidance Coresight Research November 17, 2017 Executive Summary Ross Stores reported 3Q17 EPS of $0.72, up 16.1% year over year and beating the $0.67 consensus estimate. Revenues rose by 7.8% from the year-ago quarter, to $3.33 billion, ahead of the $3.26 billion consensus estimate. Comp sales increased by 4% on top of a 4% gain in the year-ago quarter and ahead of the 2% consensus estimate. The company guided for 4Q17 comp growth of 2%–3% versus 1%–2% previously and the consensus estimate of 2.5%. Ross Stores raised its full-year EPS guidance range to $3.24–$3.28 from $3.16–$3.23 previously. The consensus estimate calls for full-year EPS of $3.23. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Groceryshop 2025 “Shark Reef” Startup Pitch Competition: Innovator ProfilesAnalyst Corner: Chinese Consumers Still Embrace International Brands—If Those Brands Deliver: Three Key Findings from a New Study, with John Harmon4Q24 Earnings Season Wrap-Up: Widespread Positive Sales Growth Recorded This QuarterThree Data Points We’re Watching This Week, Week 28: US Retail and Consumer Latest
