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Investing.com - Ross Stores reported on Thursday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Ross Stores announced earnings per share of $0.97 on revenue of $4.33B. Analysts polled by Investing.com EPS of $1.02 on revenue of $4.53B.
Ross Stores 's are down 18% and is trading at $81.00 , still down 27.27% from its 52 week high of $127.45 set on Wednesday, July 7, 2021.
Ross Stores shares lost 12.62% to trade at $81.00 in after-hours trade the report.
Ross Stores follows other major Consumer Discretionary sector earnings this month
Ross Stores's report follows an earnings missed by Amazon.com on Thursday, April 28, 2022, who reported EPS of $-7.56 on revenue of $116.44B, EPS of $8.35 on revenue of $116.45B.
Tesla had beat expectations on Wednesday, April 20, 2022 with first quarter EPS of $3.22 on revenue of $18.76B, for EPS of $2.26 on revenue of $17.87B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar