Ross Stores (ROST) Revenue — Quarter Ended Nov 2, 2024
Revenue increased compared to the same quarter last year, but declined from the immediately preceding quarter. The sequential decrease followed a period of growth in the prior quarter.
Key takeaway
Quarter ended Nov 2, 2024 · FY2024 Q3
Revenue increased compared to the same quarter last year, but declined from the immediately preceding quarter. The sequential decrease followed a period of growth in the prior quarter.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$5.1B
Revenue reported for this quarter.
Quarter-over-quarter
-4.1%
Change from the immediately preceding quarter.
Year-over-year
+3.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$21.2B
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 |
|---|---|---|
| Feb 3, 2024 | $6B | +15.5% |
| May 4, 2024 | $4.9B | +8.1% |
| Aug 3, 2024 | $5.3B | +7.1% |
| Nov 2, 2024 | $5.1B | +3.0% |
Revenue performance
The reported revenue for the quarter was higher than the same period a year earlier, reflecting continued year-over-year growth. However, the quarter-over-quarter comparison showed a decline.
Quarterly comparison
Compared to the immediately preceding quarter, revenue decreased. Compared to the same quarter one year ago, revenue increased.
What to watch
The sequential revenue decline after a prior quarter of growth may warrant attention in the next reporting period.