Ross Stores, Inc. (ROST) recently posted October sales of $557 million, a 14% year-over-year increase. Same store sales jumped 9%. The company also hiked its third-quarter guidance.

Management said both sales and margins were well ahead of expectations, adding that Shoes, Dresses and Home remained the top-performing categories, while the Southwest, Southeast and California were the strongest regions.

The company upped its third-quarter earnings guidance to a range of 83 to 84 cents per share from a previous range of 75 to 77 cents per share.

The Zacks Consensus Estimate currently stands at 77 cents. With Ross reporting strong sales and hiking its outlook just a couple days ago, analysts polled by Zacks are bound to raise their projections soon.

Results for the third quarter are scheduled for release on November 19.

Checkout the October 22 commentary on ROST.

Last Week’s Growth and Income Zacks Rank Buy Stocks

Nu Skin Enterprises (NUS) recently posted record results for the third quarter. Earnings per share of 41 cents topped the previous year’s 26 cents and matched the Zacks Consensus Estimate. Revenue was a record $334.2 million, an increase of 8% year-over-year. Read the full story on NUS.

Perrigo Company (PRGO) recently reported record fiscal first-quarter earnings of 65 cents per share, topping last year’s 41 cents and exceeding the Zacks Consensus Estimate of 47 cents. Revenue jumped 16% year-over-year. The company hiked its fiscal year guidance to a range of $2.35 – $2.45 per share from a previous range of $2.00 – $2.12. Read the full story on PRGO.

T. Rowe Price Group, Inc. (TROW) saw a nice spike after announcing third-quarter results. Earnings per share of 50 cents were below last year’s 56 cents but topped the Zacks Consensus Estimate by 9%. The company also reported a 16% increase in assets under management, totaling $366.2 billion. Read the full story on TROW.

The TJX Companies, Inc. (TJX) recently upped its earnings guidance. For the fiscal year, the company sees earnings coming in between $2.46 – $2.54 per share. Analysts polled by Zacks are currently calling for earnings of $2.57 per share, an increase from last month’s $2.41. Read the full story on TJX. Zacks Investment Research

Last 5 posts by Alex Kolb

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