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Ross Stores(ROST) - 2025 Q3 - Quarterly Results
2024-11-21 21:04
Exhibit 99.1 _______________________________________________________________ FOR IMMEDIATE RELEASE | --- | --- | |-------------------------------|---------------------------| | | | | Orvos | Connie Kao | | Executive Vice President, | Group Vice President, | | Chief Financial Officer | (925) 965-4668 | | (925) 965-4550 | connie.kao@ros.com | Contact: Adam ROSS STORES REPORTS THIRD QUARTER EARNINGS, UPDATES FOURTH QUARTER GUIDANCE Dublin, California, November 21, 2024 -- Ross Stores, Inc. (Nasdaq: ROST) today ...
Will Continued Inflation Challenges Hurt Ross Stores' Q3 Earnings?
ZACKS· 2024-11-18 17:41
Ross Stores, Inc. (ROST) is expected to register year-over-year top and bottom-line growth when it reports third-quarter fiscal 2024 earnings on Nov. 21, after market close. The Zacks Consensus Estimate for earnings is pegged at $1.40 per share, suggesting a 5.3% rise from the $1.33 reported in the year-earlier period. The consensus mark has moved down by a penny in the past seven days.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The consensus estimate for quarterly revenues is p ...
Unlocking Q3 Potential of Ross Stores (ROST): Exploring Wall Street Estimates for Key Metrics
ZACKS· 2024-11-18 15:15
Wall Street analysts expect Ross Stores (ROST) to post quarterly earnings of $1.40 per share in its upcoming report, which indicates a year-over-year increase of 5.3%. Revenues are expected to be $5.15 billion, up 4.7% from the year-ago quarter.The current level reflects a downward revision of 0.3% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Ahead of a compa ...
Ross Stores (ROST) Reports Next Week: Wall Street Expects Earnings Growth
ZACKS· 2024-11-14 16:00
The market expects Ross Stores (ROST) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended October 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on November 21, 2024, might help the stock move higher if these key numbers ...
Ross Stores (ROST) Beats Stock Market Upswing: What Investors Need to Know
ZACKS· 2024-11-09 00:00
Ross Stores (ROST) ended the recent trading session at $143.40, demonstrating a +0.96% swing from the preceding day's closing price. The stock's change was more than the S&P 500's daily gain of 0.38%. On the other hand, the Dow registered a gain of 0.59%, and the technology-centric Nasdaq increased by 0.09%.Prior to today's trading, shares of the discount retailer had gained 0.72% over the past month. This has lagged the Retail-Wholesale sector's gain of 6.11% and the S&P 500's gain of 4.9% in that time.The ...
Ross Stores' Store Expansions & Business Model Good: Apt to Hold?
ZACKS· 2024-11-06 15:35
Ross Stores, Inc. (ROST) has been benefiting from tailwinds, including store-expansion plans and its off-price retailing model. It has been offering branded and designer goods at discounted prices. This has helped it maintain customer loyalty and adapt to changing consumer preferences. ROST has been expanding its foothold by introducing stores and extending its capabilities. Let’s delve deeper.ROST’s Solid Strategies Boost SalesRoss Stores has been consistently executing store expansions over the years. Rec ...
Ross Stores (ROST) Rises As Market Takes a Dip: Key Facts
ZACKS· 2024-10-31 23:01
Ross Stores (ROST) closed the latest trading day at $139.72, indicating a +0.09% change from the previous session's end. The stock outperformed the S&P 500, which registered a daily loss of 1.86%. On the other hand, the Dow registered a loss of 0.9%, and the technology-centric Nasdaq decreased by 2.76%. Prior to today's trading, shares of the discount retailer had lost 5.51% over the past month. This has lagged the Retail-Wholesale sector's loss of 0.23% and the S&P 500's gain of 1.01% in that time. The inv ...
Ross Stores Positioned to Shine in the Holiday Shopping Season
MarketBeat· 2024-10-29 11:45
Ross Stores TodayROSTRoss Stores$143.16 -1.06 (-0.73%) 52-Week Range$113.45▼$163.60Dividend Yield1.03%P/E Ratio23.09Price Target$169.71Add to WatchlistRoss Stores Inc. NASDAQ: ROST is the largest off-price apparel and home fashion retailer in the United States, with over 1,800 stores in 43 states and the District of Columbia. The retail/wholesale sector giant just opened 43 new Ross Dress for Less and four dd's DISCOUNTS stores across 22 states in September and October of 2024. This concludes its 2024 goal ...
Ross Stores Appoints Boot Barn Chief James Conroy as CEO
PYMNTS.com· 2024-10-29 01:32
Ross Stores has appointed Boot Barn President and CEO James Conroy as its CEO, effective Feb. 2, 2025. The appointment follows a search process launched in June 2023 when Ross Stores announced its long-term CEO succession plan in which current CEO and Vice Chair Barbara Rentler will move to an advisory role as of Feb. 2, 2025, and serve in that role through March 31, 2027, the company said in a Monday (Oct. 28) press release. Conroy will join Ross Stores on Dec. 2 as CEO elect and will become a member of th ...
Ross Stores (ROST) Sees a More Significant Dip Than Broader Market: Some Facts to Know
ZACKS· 2024-10-25 23:06
In the latest market close, Ross Stores (ROST) reached $144.22, with a -0.11% movement compared to the previous day. This change lagged the S&P 500's daily loss of 0.03%. Meanwhile, the Dow lost 0.61%, and the Nasdaq, a tech-heavy index, added 0.56%. The discount retailer's stock has dropped by 5.52% in the past month, falling short of the Retail-Wholesale sector's loss of 0.9% and the S&P 500's gain of 1.39%. The investment community will be closely monitoring the performance of Ross Stores in its forthcom ...