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SEC Filings

10-Q
ROSS STORES INC filed this Form 10-Q on 12/12/2018
Entire Document
 


PART I. FINANCIAL INFORMATION

ITEM 1. FINANCIAL STATEMENTS

Condensed Consolidated Statements of Earnings

 
Three Months Ended
 
Nine Months Ended
($000, except stores and per share data, unaudited)
November 3, 2018


October 28, 2017

 
November 3, 2018

 
October 28, 2017

Sales
$
3,549,608

 
$
3,328,894

 
$
10,876,153

 
$
10,066,926

 
 
 
 
 
 
 
 
Costs and Expenses
 
 
 
 
 
 
 
Cost of goods sold
2,547,331

 
2,369,148

 
7,736,533

 
7,120,056

Selling, general and administrative
561,577

 
517,297

 
1,640,581

 
1,490,392

Interest (income) expense, net
(2,953
)
 
1,780

 
(4,849
)
 
7,290

Total costs and expenses
3,105,955

 
2,888,225

 
9,372,265

 
8,617,738

 
 
 
 
 
 
 
 
Earnings before taxes
443,653

 
440,669

 
1,503,888

 
1,449,188

Provision for taxes on earnings
105,545

 
166,220

 
358,124

 
537,182

Net earnings
$
338,108

 
$
274,449

 
$
1,145,764

 
$
912,006

 
 
 
 
 
 
 
 
Earnings per share
 
 
 
 
 
 
 
Basic
$
0.92

 
$
0.72

 
$
3.09

 
$
2.38

Diluted
$
0.91

 
$
0.72

 
$
3.06

 
$
2.36

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Weighted average shares outstanding (000)
 
 
 
 
 
 
 
Basic
368,102

 
379,432

 
370,977

 
382,959

Diluted
371,061

 
382,132

 
373,936

 
385,823

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Stores open at end of period
1,720

 
1,627

 
1,720

 
1,627

The accompanying notes are an integral part of these condensed consolidated financial statements.

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