Ross Stores (ROST) Revenue — Quarter Ended Jan 28, 2023
Revenue for the quarter increased compared to the prior quarter and also rose relative to the same quarter a year earlier. The sequential improvement marked a reversal from the declines seen in the three preceding quarters.
Key takeaway
Quarter ended Jan 28, 2023 · FY2022 Q4
Revenue for the quarter increased compared to the prior quarter and also rose relative to the same quarter a year earlier. The sequential improvement marked a reversal from the declines seen in the three preceding quarters.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$5.2B
Revenue reported for this quarter.
Quarter-over-quarter
+14.2%
Change from the immediately preceding quarter.
Year-over-year
+3.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$18.7B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Apr 30, 2022 | $4.3B | -4.1% |
| Jul 30, 2022 | $4.6B | -4.6% |
| Oct 29, 2022 | $4.6B | -0.2% |
| Jan 28, 2023 | $5.2B | +3.9% |
Revenue performance
The reported revenue direction was positive, with growth both sequentially and year over year.
Quarterly comparison
Compared with the immediately preceding quarter, revenue increased. Compared with the same quarter one year earlier, revenue also increased.
What to watch
The filing context notes elevated inflation affecting consumer demand and increasing costs, which may influence future revenue trends.