Ross Stores, Consensus Estimate
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The Details: Ross Stores reported quarterly earnings of $1.56 per share, which beat the analyst estimate of $1.53. The company reported an approximate 11 cent per share negative impact from tariff-related costs.
Ross Stores, Inc. reported earnings in the second quarter slightly below year-ago levels due to tariff-related costs but exceeded company guidance due to an acceleration in July sales, driven by healthy back-to-school demand. The off-price retailer reinstated guidance for the year that was below its initial forecast.
Ross Stores, Inc. (NASDAQ:ROST) shares traded little changed on Friday after the off-price retailer delivered second-quarter earnings of $1.56 per share, surpassing analyst estimates of $1.53. Results were tempered by an approximate 11-cent per share negative impact from tariff-related costs.
Total second quarter sales at Ross Stores Inc. rose 5% to $5.5 billion, marking a sequential improvement from the 2.6% gain in the first quarter.
Whales with a lot of money to spend have taken a noticeably bearish stance on Ross Stores. Looking at options history for Ross Stores (ROST) we detected 8 trades. If we consider the specifics of each trade, it is accurate to state that 12% of the investors opened trades with bullish expectations and 50% with bearish.
The tax preparation software company on Thursday said it expects sales growth between 14% and 15% in the current fiscal first quarter, [below growth rates](
Mixed Q2 results and a tariff-clouded outlook weren’t enough to slow down Ross Stores (NASDAQ:ROST), with shares jumping to a three-month high in early Friday trading. During the company’s earnings call with analysts late Thursday,
Trump tariffs will likely eat into the retailer's margins through the end of the year. © 2025 American City Business Journals. All rights reserved. Use of and/or registration on any portion of this site constitutes acceptance of our User Agreement (updated August 13,
The tax-preparation software company said it expects sales growth between 14% and 15% in its current quarter, below growth rates expected
Discount-retailer Ross Stores Inc. jumped after projecting inflation will push more consumers to seek its off-price wares and deliver sales growth above expectations.