Stock Analysis on Net
Stock Analysis on Net

Ross Stores Inc. (NASDAQ:ROST)

This company has been moved to the archive! The financial data has not been updated since December 7, 2022.

Income Statement
Quarterly Data

The income statement presents information on the financial results of a company business activities over a period of time. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue.

Ross Stores Inc., consolidated income statement (quarterly data)

US$ in thousands

Microsoft Excel
3 months ended: Oct 29, 2022 Jul 30, 2022 Apr 30, 2022 Jan 29, 2022 Oct 30, 2021 Jul 31, 2021 May 1, 2021 Jan 30, 2021 Oct 31, 2020 Aug 1, 2020 May 2, 2020 Feb 1, 2020 Nov 2, 2019 Aug 3, 2019 May 4, 2019 Feb 2, 2019 Nov 3, 2018 Aug 4, 2018 May 5, 2018 Feb 3, 2018 Oct 28, 2017 Jul 29, 2017 Apr 29, 2017 Jan 28, 2017 Oct 29, 2016 Jul 30, 2016 Apr 30, 2016
Sales 4,565,489 4,583,009 4,333,100 5,020,649 4,574,541 4,804,974 4,516,080 4,249,671 3,754,509 2,684,712 1,842,673 4,413,445 3,849,117 3,979,869 3,796,642 4,107,388 3,549,608 3,737,926 3,588,619 4,067,806 3,328,894 3,431,603 3,306,429 3,510,158 3,086,687 3,180,917 3,088,995
Cost of goods sold (3,424,046) (3,399,535) (3,196,446) (3,773,636) (3,326,004) (3,410,871) (3,198,396) (3,157,044) (2,711,419) (2,080,120) (1,889,991) (3,224,237) (2,766,432) (2,843,850) (2,701,668) (2,989,744) (2,547,331) (2,666,983) (2,522,219) (2,922,582) (2,369,148) (2,420,942) (2,329,966) (2,539,563) (2,206,092) (2,251,845) (2,176,205)
Gross profit (loss) 1,141,443 1,183,474 1,136,654 1,247,013 1,248,537 1,394,103 1,317,684 1,092,627 1,043,090 604,592 (47,318) 1,189,208 1,082,685 1,136,019 1,094,974 1,117,644 1,002,277 1,070,943 1,066,400 1,145,224 959,746 1,010,661 976,463 970,595 880,595 929,072 912,790
Selling, general and administrative (693,367) (667,063) (669,496) (755,867) (725,761) (717,788) (675,053) (690,624) (877,857) (519,495) (415,305) (601,879) (604,605) (591,970) (558,250) (575,969) (561,577) (554,581) (524,423) (553,306) (517,297) (498,276) (474,819) (493,802) (490,171) (469,511) (436,924)
Operating earnings (loss) 448,076 516,411 467,158 491,146 522,776 676,315 642,631 402,003 165,233 85,097 (462,623) 587,329 478,080 544,049 536,724 541,675 440,700 516,362 541,977 591,918 442,449 512,385 501,644 476,793 390,424 459,561 475,866
Interest income (expense), net 2,802 (10,667) (17,696) (17,828) (18,744) (18,707) (19,049) (19,152) (28,740) (28,855) (6,666) 3,287 4,402 4,782 5,635 5,313 2,953 1,393 503 (386) (1,780) (2,341) (3,169) (3,755) (4,156) (4,213) (4,364)
Earnings (loss) before taxes 450,878 505,744 449,462 473,318 504,032 657,608 623,582 382,851 136,493 56,242 (469,289) 590,616 482,482 548,831 542,359 546,988 443,653 517,755 542,480 591,532 440,669 510,044 498,475 473,038 386,268 455,348 471,502
(Provision) benefit for taxes on earnings (loss) (108,842) (121,227) (111,017) (106,496) (119,002) (163,350) (147,103) (144,871) (5,296) (34,195) 163,447 (134,483) (111,550) (136,110) (121,217) (105,295) (105,545) (128,351) (124,228) (140,785) (166,220) (193,505) (177,457) (172,470) (141,722) (173,442) (180,868)
Net earnings (loss) 342,036 384,517 338,445 366,822 385,030 494,258 476,479 237,980 131,197 22,047 (305,842) 456,133 370,932 412,721 421,142 441,693 338,108 389,404 418,252 450,747 274,449 316,539 321,018 300,568 244,546 281,906 290,634

Based on: 10-Q (reporting date: 2022-10-29), 10-Q (reporting date: 2022-07-30), 10-Q (reporting date: 2022-04-30), 10-K (reporting date: 2022-01-29), 10-Q (reporting date: 2021-10-30), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-05-01), 10-K (reporting date: 2021-01-30), 10-Q (reporting date: 2020-10-31), 10-Q (reporting date: 2020-08-01), 10-Q (reporting date: 2020-05-02), 10-K (reporting date: 2020-02-01), 10-Q (reporting date: 2019-11-02), 10-Q (reporting date: 2019-08-03), 10-Q (reporting date: 2019-05-04), 10-K (reporting date: 2019-02-02), 10-Q (reporting date: 2018-11-03), 10-Q (reporting date: 2018-08-04), 10-Q (reporting date: 2018-05-05), 10-K (reporting date: 2018-02-03), 10-Q (reporting date: 2017-10-28), 10-Q (reporting date: 2017-07-29), 10-Q (reporting date: 2017-04-29), 10-K (reporting date: 2017-01-28), 10-Q (reporting date: 2016-10-29), 10-Q (reporting date: 2016-07-30), 10-Q (reporting date: 2016-04-30).

Income statement item Description The company
Sales Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise. Ross Stores Inc. sales increased from Q1 2023 to Q2 2023 but then slightly decreased from Q2 2023 to Q3 2023.
Operating earnings (loss) The net result for the period of deducting operating expenses from operating revenues. Ross Stores Inc. operating earnings (loss) increased from Q1 2023 to Q2 2023 but then decreased significantly from Q2 2023 to Q3 2023.
Earnings (loss) before taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Ross Stores Inc. earnings (loss) before taxes increased from Q1 2023 to Q2 2023 but then slightly decreased from Q2 2023 to Q3 2023 not reaching Q1 2023 level.
Net earnings (loss) The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Ross Stores Inc. net earnings (loss) increased from Q1 2023 to Q2 2023 but then slightly decreased from Q2 2023 to Q3 2023 not reaching Q1 2023 level.