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Ross Stores, Inc. engages in the operation of off-price retail apparel and home accessories stores. Its products include branded and designer apparel, accessories, footwear, and home fashions through the Dress for Less and dd's DISCOUNTS brands. Read More The company was founded by Stuart G. Moldaw in 1957 and is headquartered in Dublin, CA.
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Ross Stores Earnings: ROSS Stock Dips on Q1 Earnings Beat
Ross Stores (NASDAQ:ROST) reported its quarterly earnings results late today, bringing in a profit that was stronger than what analysts called for and increased when compared to the same period a year ago, while revenue also increased year-over-year yet ROST stock took a hit after hours on Thursday.
Ross Stores Q1 Earnings Beat Estimates
Ross Stores (ROST) came out with quarterly earnings of $1.13 per share, beating the Zacks Consensus Estimate of $1.12 per share. This compares to earnings of $1.11 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 0.89%. A quarter ago, it was expected that this discount retailer would post earnings of $1.13 per share when it actually produced earnings of $1.20, delivering a surprise of 6.19%. Over the last four quarters, the ...
Ross Stores Stock Is Falling as Earnings Forecast Fell Short
Text size Ross Stores stock was trading down after hours Thursday, following the off-price retailer’s first-quarter earnings that beat expectations but included guidance that, while improved, still fell short of analysts’ estimates. The back story. Ross (ticker: ROST) climbed 13.6% year to date through the close of regular trading, after rising nearly 14% in the trailing 12-month period. By contrast, the SPDR S&P Retail ETF (XRT) is up just over 3% in 2019 and is still in the red in the past year. What h...
$1.12 per share
$1.15 per share