Ross Stores Inc. (ROST) reported that sales increased 12% to $778 million for the four weeks ended May 4, 2013, from prior year. Comparable store sales increased 7%.
For the thirteen weeks ended May 4, 2013, sales totaled $2.54 billion, a 6% increase over prior year. Comparable store sales for the thirteen weeks increased 3%.
The company now estimates earnings per share for the 13 weeks ended May 4, 2013 to be $1.06 to $1.07, compared to initial guidance of $1.00 to $1.04. Ross Stores said the updated range includes an approximate $0.02 benefit versus original projections related to the favorable timing of expenses that are expected to shift into subsequent quarters within the fiscal year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.