Ross Stores, Inc. (ROST) Q3 2024 Earnings Call Transcript Summary
Ross Stores, Inc. (ROST) Q3 2024 Earnings Call Transcript Summary
Net income for the quarter rose to $489 million versus $447 million in the prior year.The following is a summary of the Ross Stores, Inc. (ROST) Q3 2024 Earnings Call Transcript:
以下是Ross Stores, Inc. (ROST) 2024年第三季度業績會成績單:
Financial Performance:
財務表現：
Ross reported a Q3 total sales increase to $5.1 billion, up from $4.9 billion last year, with comparable store sales up 1%.
Q3 operating margin improved to 11.9%, up from 11.2% last year.
Net income for the quarter rose to $489 million versus $447 million in the prior year.
Earnings per share for Q3 were $1.48, up from $1.33 in the previous year.
Ross報告第三季度總銷售額增至$51億，比去年的$49億增長，可比店鋪銷售增長了1%。
第三季度營業利潤率提高至11.9%，高於去年的11.2%。
本季度淨利潤爲$48900萬，而去年同期爲$44700萬。
第三季度每股收益爲$1.48，高於前一年的$1.33。
Business Progress:
業務進展：
Added 43 new Ross and four dd's DISCOUNTS stores during Q3, and plan to close or relocate seven locations in Q4.
Total consolidated inventories at quarter end were up 9% versus last year.
Cosmetics, accessories, and children's merchandise areas along with California and Texas regions performed strongly.
Committed to improving merchandise execution across all categories.
第三季度新增了43家Ross和4家dd's DISCOUNTS店鋪，並計劃在第四季度關閉或者遷移七家店鋪。
季末總合並庫存相比去年增長了9%。
化妝品、配飾和兒童商品領域，以及加州和德克薩斯地區表現強勁。
致力於改善所有類別的商品執行。
Opportunities:
機會：
dd's DISCOUNTS continues to resonate with its shoppers, exceeding Ross' results in comparable gains, highlighting potential for further growth in the discount segment.
dd's DISCOUNTS繼續引起購物者的共鳴，在可比增長方面超過Ross的業績，突顯在折扣領域進一步增長的潛力。
Risks:
風險：
Persistent high costs on necessities pressuring the discretionary spending of low-to-moderate income customers.
A combination of severe weather and unseasonably warm temperatures negatively impacted comps by about 1%.
必需品成本持續高企，對低至中等收入客戶的自由消費施加壓力。
嚴重天氣和不尋常的溫暖氣溫的結合對相似店鋪銷售額產生了約1%的負面影響。
Tips: This article is generated by AI. The accuracy of the content can not be fully guaranteed. For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：本文由人工智能生成。內容準確性無法完全保證。如需更全面詳情，請參閱IR網站。本文僅供投資者參考，不具有任何指導或推薦建議。
