Ross Stores, Inc. provided earnings guidance for the first quarter and fiscal year of 2022. For the quarter, company expects comparable store sales to be down 2% to down 4% on top of a 13% gain. Earnings per share to be $0.93 to $0.99 versus $1.34 in the prior year period.

For the Year, company expects comparable store sales are forecast to be flat to up 3% versus a 13% gain in fiscal 2021. Earnings per share to be $4.71 to $5.12 compared to $4.87 in the prior year.