Ross Stores (ROST) Revenue — Quarter Ended Feb 3, 2024
Revenue increased in the reported quarter compared with the prior quarter. Revenue also rose compared with the same quarter one year earlier.
Key takeaway
Quarter ended Feb 3, 2024 · FY2023 Q4
Revenue increased in the reported quarter compared with the prior quarter. Revenue also rose compared with the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$6B
Revenue reported for this quarter.
Quarter-over-quarter
+22.3%
Change from the immediately preceding quarter.
Year-over-year
+15.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$20.4B
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 29, 2023 | $4.5B | +3.7% |
| Jul 29, 2023 | $4.9B | +7.7% |
| Oct 28, 2023 | $4.9B | +7.9% |
| Feb 3, 2024 | $6B | +15.5% |
Revenue performance
The reported quarter's revenue was higher than the immediately preceding quarter, reflecting a sequential improvement. Compared with the same quarter a year ago, revenue also showed an increase.
Quarterly comparison
Revenue in this quarter exceeded both the prior quarter and the same quarter last year. The year-over-year growth was larger than the sequential growth.
What to watch
The filing notes that elevated inflation and macroeconomic factors continue to affect consumer demand and costs.