Ross Stores Q3 Earnings Beat, Comparable Sales Hurt by Weather [Yahoo! Finance]
Ross Stores, Inc. (ROST)
Last ross stores, inc. earnings: 3/3 04:01 pm
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Source: Yahoo! Finance
Net sales and earnings increased from the year-ago period. Ross Stores, Inc. price-consensus-chart | Ross Stores, Inc. Quote The company faced challenges as its low-to-moderate-income customers grappled with persistently high living costs, limiting discretionary spending. Additionally, Hurricanes Helene and Milton, and unseasonably warm temperatures, negatively impacted comparable sales (comps). Despite these hurdles and below-plan sales results, the company delivered earnings that exceeded expectations. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. The Zacks Rank #4 (Sell) company's shares have risen 8.4% in the past six months compared with the industry's 10.5% growth. Image Source: Zacks Investment Research Ross Stores, the leading off-price apparel retailer, delivered earnings of $1.48 per share, which surpassed the Zacks Consensus Estimate of $1.39. The bottom line also improved 11.3% from $1.33 per share in the third quarter of fiscal 2023
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ROST
News
- Ross Stores On Tariffs: ‘We Will Not Be the Leader in Raising Prices' [Yahoo! Finance]Yahoo! Finance
- Ross Stores, Inc. (NASDAQ: ROST) had its "buy" rating re-affirmed by analysts at Guggenheim. They now have a $180.00 price target on the stock.MarketBeat
- Retailers must 'stay calm' before any tariffs materialize: Expert [Yahoo! Finance Canada]Yahoo! Finance Canada
- Retailers must 'stay calm' before any tariffs materialize: Expert [Yahoo! Finance]Yahoo! Finance
- Ross Stores, Inc. (NASDAQ: ROST) had its price target raised by analysts at Evercore ISI from $170.00 to $180.00. They now have an "outperform" rating on the stock.MarketBeat
ROST
Earnings
- 11/21/24 - Beat
ROST
Sec Filings
- 11/21/24 - Form 8-K
- 11/14/24 - Form SC
- 10/28/24 - Form 8-K
- ROST's page on the SEC website