Ross Stores (ROST) reported earnings Thu 19 Nov 15 (after close)

** charts before earnings **

 

** charts after earnings **

 

Ross Stores beats by $0.03, reports revs in-line; reaffirms Q4 EPS guidance; Q3 comps +3%:

• Reports Q3 (Oct) earnings of $0.53 per share, $0.03 better than the Capital IQ Consensus of $0.50; revenues rose 7.1% year/year to $2.78 bln vs the $2.77 bln Capital IQ Consensus.  Q3 comparable store sales up 3% on top of last year's 4% gain. "Q3 operating margin of 12.1% was ahead of plan, up 30 basis points over last year, mainly driven by higher merchandise margin."
• Co reaffirms guidance for Q4, sees EPS of 0.60-0.63 vs. $0.64 Capital IQ Consensus Estimate.