Ross Stores, Inc. (NASDAQ:ROST) sales increased 8% to $715 million for the four weeks ended October 27, which are up from $661 million in sales for the same time period of previous year. Comparable store sales for the month surged 4% on top of a 5% increase in a year ago.
Ross Stores Inc. increased its fiscal third-quarter earnings view once again. For the third quarter, sales remained $2.263 billion, which are 11% up from $2.046 billion sales versus previous year. Same store sales for the third quarter rose 6% compared to 5% upsurge in year 2011.
Ross Stores, Inc. (NASDAQ:ROST) traded with volume of 6.79 million shares in last session which was unexpectedly higher versus average trading capacity of 2.16 million shares. The stock traded with opening bell at $59.75, gained the maximum price level of $59.75 and then finished the day at $57.13 by decreasing -6.27%.
ROST remained successful in generating revenue of $9.14 billion in the trailing twelve months and made net income of $726.56 million. The Company maintained a positive 7.95% for the net profit margin and in its operating margin it scored 12.74%. Company’s yearly revenue change for the last five years was 9.10%.
The ROST’s price to sales ratio is 1.40and price to cash ratio is 17.71 for the past 12 months. As far as the returns from the company is concerned, return on assets remained as 21.97%.
The stock showed downbeat performance of -6.88% for the week which was maintained for the month at -13.64%. The negative performance for the trailing 3 months was recorded as -13.41% and in last year was 31.48% while the performance so far in current year remains at 21.04%.
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