Off-price retailer Ross Stores is reportedly considering raising some prices to offset the effects of new U.S. tariffs. By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.The company, which owns Ross Dress for Less an ...

Core Insights - The earnings season for retail stocks highlights the disparity in consumer spending between low/middle-income and high-income households due to the Federal Reserve's interest rate hikes [1][2] - Companies like Walmart are experiencing a trade-down effect, where higher-income consumers are opting for value-oriented retailers [2][3] Group 1: Costco Wholesale - Costco has shown strong performance with a total return of over 220% in the last five years, indicating robust stock appreciation and dividend reinvestment [4] - The company's business model relies on an annual membership fee, which provides stable revenue, and it recently raised this fee for the first time in seven years while maintaining a retention rate above 90% [5] - Costco's commitment to expanding its global footprint is expected to drive future revenue and earnings growth, justifying its premium valuation at over 54 times forward earnings [6] Group 2: Ross Stores - Ross Stores caters to budget-conscious consumers seeking value, especially during economic uncertainty, and has a strong performance with a total return of over 72% in the last five years [7][9] - The company anticipates some earnings pressure due to tariffs, as approximately 50% of its inventory is sourced from China, but it maintains solid fundamentals with strong traffic and comparable store sales growth [8] - Analysts have a consensus price target of $159.40 for Ross Stores, indicating that the stock may be fairly priced despite tariff challenges [9] Group 3: Investment Considerations - Both Costco and Ross Stores can coexist in a diversified investment portfolio due to their distinct business models and target consumers [10] - Costco is viewed as a growth stock with defensive characteristics, benefiting from higher-income households' spending [10][11] - Ross Stores represents a cyclical play in retail, appealing to value-oriented shoppers, which is expected to sustain strong traffic and comparable sales [12]

Key Takeaways Q2 EPS of $1.56 beat estimates, but dipped 1.9% YoY due to tariffs.Sales rose 5% YoY to $5.53B; comps improved 2%, led by cosmetics segment and Southeast & Midwest region.Stronger sales trends lift ROST's Q2, but tariff costs curbed EPS growth; management guides caution into Q3.Ross Stores, Inc. (ROST) reported second-quarter fiscal 2025 results with earnings beating the Zacks Consensus Estimate, though sales fell slightly short. Net sales rose compared with the prior year, but earnings per sh ...

盘前市场动向 1. 8月22日(周五)美股盘前，美股三大股指期货齐涨。截至发稿，道指期货涨0.33%，标普500指数期货涨0.28%，纳指期货涨 0.22%。 | = US 30 | 44,935.00 | 44,947.00 | 44,676.00 | +149.50 | +0.33% | | --- | --- | --- | --- | --- | --- | | = US 500 | 6,388.00 | 6,389.40 | 6,347.50 | +17.80 | +0.28% | | = US Tech 100 | 23,193.60 | 23,207.30 | 23,006.00 | +51.00 | +0.22% | 2. 截至发稿，德国DAX指数涨0.08%，英国富时100指数涨0.05%，法国CAC40指数涨0.25%，欧洲斯托克50指数涨0.30%。 | 德国DAX30 | 24,311.66 | 24,336.17 | 24,218.26 | +20.34 | +0.08% | | --- | --- | --- | --- | --- | --- | | 器 英国富时100 | 9, ...

Core Insights - The article discusses the valuation of Ross Stores, Inc. (NASDAQ: ROST), indicating that the stock was trading around $150 per share nearly a year ago, with a valuation model suggesting a fair price [1]. Company Analysis - Ross Stores, Inc. is highlighted as a focus of investment analysis, with the author having previously reviewed the company and its stock performance [1]. - The author possesses a strong educational background in Analytics and Accounting, which supports the analysis provided [1]. Investment Perspective - The author expresses a personal interest in dividend investing, indicating a long-term commitment to the stock [1]. - There is a beneficial long position in the shares of ROST, suggesting confidence in the company's future performance [2].

展望未来，罗斯商店预计第三季度每股收益将在1.31至1.37美元之间，第四财季每股收益将在1.74至1.81 美元之间，分析师预期分别为1.48美元和1.7美元。 公司首席执行官Jim Conroy表示，我们很高兴看到季度末的趋势有所改善，特别是与返校销售季节相关 的早期销售表现。然而，由于宏观经济的不确定性，仍对今年剩余时间保持"谨慎态度"。(格隆汇) 消息面上，罗斯百货公布第二季度业绩，销售额同比增长5%至55.3亿美元，分析师预期为55.4亿美元； 每股收益为1.56美元，其中约有11美分的影响来自关税相关成本，分析师预期为1.53美元；同店销售同 比增长2%。 罗斯百货(ROST.US)夜盘涨超2.8%，报149.8美元。 ...

智通财经APP获悉，由于关税政策导致假日季零售价格上涨，消费者对折扣服装和配饰的需求持续增 长，折扣零售商罗斯百货(ROST.US)周四公布的季度利润超出市场预期，同时发布了强劲的年度预测， 这推动了该股股价盘后的大幅上涨。 财报显示，罗斯百货第二季度同店销售额增长2%，且逐月改善。7月因消费者寻求折扣返校服饰和配 饰，需求尤为强劲。在截至8月2日的三个月中，销售额为55.3亿美元，同比增长2%，但略低于市场预 期的55.7亿美元，调整后每股盈利达到1.56美元，超出市场预期2美分。 展望未来，罗斯百货重新发布全年每股收益预期，预计范围为6.08至6.21美元，而市场预期为6.10美 元，该预期已包含每股22至25美分的关税影响;预计第三季度每股收益为1.31至1.37美元，低于市场预期 的1.47美元，但针对关键假日季的第四季度每股收益目标为1.74至1.81美元，高于市场预期的1.69美元。 据悉，该公司曾在5月因关税不确定性撤回全年预测，并透露其超半数商品采购自中国。 随着特朗普实施的关税政策迫使企业提高进口商品售价，折扣零售商吸引了更多注重预算的消费者。从 零售店到餐厅甚至家装卖场，各类主打性价比的连 ...

Market Overview - Major indexes closed mostly in the red, with the Dow down 157 points, S&P 500 down 24 points, and Nasdaq down 90 points, while the small-cap Russell 2000 gained 4 points [1] Economic Indicators - S&P flash Manufacturing PMI for August reached 53.3, significantly above the anticipated 49.5 and July's 49.8, marking a more than 3-year high [2] - August Services PMI was reported at 55.4, the second consecutive month above 55 this year [2] Company Earnings Reports - **Zoom Communications (ZM)**: Shares rose 6% after Q2 earnings beat expectations by 10% at $1.53 per share, with revenues of $1.217 billion, a 4.7% year-over-year growth, and non-GAAP operating margins at 41.3% [3] - **Intuit (INTU)**: Shares fell 5% despite beating fiscal Q4 earnings expectations by 10 cents at $2.75 per share, with revenues of $3.8 billion, a 20% year-over-year increase, attributed to lackluster guidance for the current quarter [4] - **Ross Stores (ROST)**: Shares increased by 2.3% after Q2 earnings of $1.56 per share exceeded consensus by 4 cents, with revenues of $5.5 billion, a 5% year-over-year growth, and expected comps of 2-3% going forward [5] Upcoming Events - Fed Chair Jerome Powell's address at the Economic Symposium in Jackson Hole, WY, is anticipated to provide insights on interest rate decisions for the September meeting [6] - Personal Consumption Expenditures (PCE) data is due out a week from Friday, with the last report showing year-over-year PCE at 2.6% and core PCE at 2.8% [7]

Ross Stores (ROST) came out with quarterly earnings of $1.56 per share, beating the Zacks Consensus Estimate of $1.52 per share. This compares to earnings of $1.59 per share a year ago. These figures are adjusted for non- recurring items. This quarterly report represents an earnings surprise of +2.63%. A quarter ago, it was expected that this discount retailer would post earnings of $1.43 per share when it actually produced earnings of $1.47, delivering a surprise of +2.8%. Over the last four quarters, the ...

Financial Data and Key Metrics Changes - Total sales for the second quarter grew 5% to $5.5 billion, up from $5.3 billion last year, with comparable store sales increasing by 2% [7] - Earnings per share for the second quarter were $1.56 on net income of $508 million, compared to $1.59 per share on net earnings of $527 million in the prior year [7][8] - Operating margin decreased by 95 basis points to 11.5%, primarily due to tariff-related costs [6][14] Business Line Data and Key Metrics Changes - Cosmetics was the best-performing merchandise area in the second quarter, with strong performance in the ladies' business, which outperformed the chain average [8][29] - Overall comparable store sales at BB's Discounts were solid and ahead of Ross, with both chains experiencing growth in traffic and basket size [9] Market Data and Key Metrics Changes - The strongest markets were the Southeast and the Midwest, with a broad-based improvement in sales trends across nearly all major merchandise categories and regions [5][8] - Total consolidated inventories and average store inventories were up 5% compared to last year, with packaway merchandise comprising 38% of total inventories [9] Company Strategy and Development Direction - The company plans to open approximately 90 new locations this year, including 80 Ross and 10 DD's Discount stores, reflecting expansion into new and existing markets [10] - The company is focused on maintaining its value proposition relative to traditional retailers while balancing the opportunity to preserve merchandise margin [12][20] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism regarding the sales outlook for the second half of the year, anticipating comparable store sales growth of 2% to 3% [16][33] - The company expects to offset most of the impact of tariffs, although modest pressure is anticipated in the third quarter [12][17] Other Important Information - The company repurchased 1.9 million shares of common stock for an aggregate cost of $262 million, remaining on track to buy back a total of $1.05 billion in stock for the year [15] - Management acknowledged the retirement of CFO Adam Orvos and emphasized the importance of a smooth transition [21] Q&A Session Summary Question: Can you elaborate on the sequential top line improvement and the sharp rebound in July? - Management noted broad-based sequential improvement across nearly every merchandise category, with strong performance in July, particularly in cosmetics and ladies' business [28][29] Question: What are the gross margin drivers for the third and fourth quarters? - Management indicated that tariff costs would continue to impact gross margins, but they expect the pressure to be slightly lower than in the second quarter [31] Question: How is the customer responding to price increases? - Management stated that there has been a very modest change in prices, with a cautious approach to raising prices while monitoring competitors [38][39] Question: What initiatives are being implemented to improve store operations? - Management highlighted store refreshes, self-checkout pilots, and new marketing campaigns as key initiatives to enhance customer experience and drive sales [44][49] Question: Are there any changes in consumer demographics or trade down activity? - Management reported no significant changes in income cohorts but noted strong performance in stores with a high concentration of Hispanic customers [65][66] Question: What actions are being taken to mitigate tariff impacts? - Management emphasized efforts in vendor negotiations, diversifying sourcing, and increasing closeout merchandise to mitigate tariff impacts [71][72]