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Ross Stores Earnings, Revenue Beat in Q1

Tiger Newspress2021-05-21

Ross Stores (NASDAQ:ROST) reported on Thursday first quarterearningsthat beat analysts' forecasts and revenue that topped expectations.

Ross Stores announced earnings per share of $1.34 on revenue of $4.52B. Analysts polled by Investing.com anticipated EPS of $0.8759 on revenue of $3.86B.

Ross Stores shares are down 0% from the beginning of the year, still down 8.70% from its 52 week high of $134.16 set on May 10. They are under-performing the S&P 500 which is up 10.69% from the start of the year.

Ross Stores shares once gained more than 3% in after-hours trade following the report.

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