Ross Stores (NASDAQ:ROST) reported its Q1 earnings results on Thursday, May 18, 2023 at 04:01 PM.

Here's what investors need to know about the announcement.

Earnings

Ross Stores beat estimated earnings by 2.83%, reporting an EPS of $1.09 versus an estimate of $1.06.

Revenue was up $162.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.07 which was followed by a 0.12% increase in the share price the next day.

Here's a look at Ross Stores's past performance:

To track all earnings releases for Ross Stores visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.