Ross Stores, Inc. (NASDAQ:ROST) posted better-than-expected third-quarter earnings after Thursday’s closing bell.

Ross Stores reported quarterly earnings of $1.58 per share, which beat the analyst estimate of $1.41. Quarterly revenue came in at $5.6 billion, which beat the analyst consensus estimate of $5.42 billion.

"We are pleased with our third-quarter sales results, which accelerated from the prior quarter. Our merchandise assortment of compelling brand name values resonated with shoppers, and our new marketing campaign drove excitement and higher customer engagement," Jim Conroy, CEO, said.

Ross Stores raised its fourth-quarter GAAP EPS guidance to between $1.77 and $1.85, versus the $1.79 analyst estimate and raised its fiscal 2025 GAAP EPS guidance to between $6.38 and $6.46, versus the $6.23 analyst estimate.

Ross Stores shares ...