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For the financial first quarter of 2022 Ross Stores Inc. earnings per share dropped by -27.61 % of $0.97 per share compare to $1.34 a year before and earnings per share decreased by -7.04 % from $1.04 per share from the preceding quarter.
Revenues contracted by -4.065 % to $
4.35 billions from $4.54 billions in the same quarter a year before and sequentially Revenue deteriorated by -13.649 % from $5.04 billions.
Net earnings of $338.445 millions in the financial first quarter of 2022 fell by -28.97 % from $476.479 millions in the corresponding period a year before. Looking further into financial first quarter of 2022 Ross Stores Inc.'s profitability, operating margin mitigated to 10.33%, and net margin shrank to 7.78%.
Operating earnings, fell -27.92% to $449.462 millions, squeezing Ross Stores Inc.'s operating margin to %.
Ross Stores Inc. is expected to report next financial results on September 06, 2022.