Ross Stores, Inc. (NASDAQ:ROST) posted better-than-expected third-quarter earnings after Thursday’s closing bell.Ross Stores reported quarterly earnings of $1.58 per share, which beat the analyst estimate of $1.41. Quarterly revenue came in at $5.6 billion, which beat the analyst consensus estimate of $5.42 billion."We are pleased with our third-quarter sales results, which accelerated from the prior quarter. Our merchandise assortment of compelling brand name values resonated with shoppers, and our new mar ...

Core Insights - Ross Stores, Inc. reported third-quarter earnings of $1.58 per share, exceeding the analyst estimate of $1.41, with quarterly revenue of $5.6 billion, surpassing the consensus estimate of $5.42 billion [1][2] Group 1: Earnings Performance - The company experienced an acceleration in sales compared to the prior quarter, driven by a compelling merchandise assortment and a new marketing campaign that increased customer engagement [2] - Ross Stores raised its fourth-quarter GAAP EPS guidance to a range of $1.77 to $1.85, above the analyst estimate of $1.79, and increased its fiscal 2025 GAAP EPS guidance to between $6.38 and $6.46, compared to the $6.23 analyst estimate [2] Group 2: Stock Performance - Following the earnings announcement, Ross Stores shares rose by 7.2% to $172.03 [3] Group 3: Analyst Ratings and Price Targets - Telsey Advisory Group maintained a Market Perform rating and raised the price target from $160 to $175 [5] - B of A Securities maintained a Buy rating and increased the price target from $175 to $200 [5] - Baird maintained an Outperform rating and raised the price target from $170 to $182 [5] - Evercore ISI Group maintained an Outperform rating and increased the price target from $175 to $195 [5] - JP Morgan maintained an Overweight rating and raised the price target from $188 to $200 [5] - UBS maintained a Neutral rating and increased the price target from $163 to $169 [5] - Bernstein maintained a Market Perform rating and raised the price target from $147 to $159 [5] - Barclays maintained an Overweight rating and increased the price target from $164 to $183 [5]

INVESTING RESOURCES Take a Trial Today Get instant access to exclusive stock lists, expert market analysis and powerful tools with 2 months of IBD Digital for only $20! IBD Videos BREAKING: Stocks Bounce But Tumble For Week Shares of Ross Stores (ROST) rallied to an all-time high Friday, rising past a buy point, after the retailer beat earnings and sales expectations and raised its fiscal-year outlook amid momentum in the discount chain. The company late Thursday reported earnings of $1.58 a share, a year-o ...

With Friday's gains, shares of Ross Stores have climbed close to 15% year-to-date. Bloomberg / Contributor / Getty Images Close Key Takeaways Ross Stores (ROST) shares jumped to an all-time high Friday after the off-price retailer became the latest to say it's seeing sales surge as shoppers search for deals. The stock was up nearly 8% over $173 in recent trading, leaving it on track to close at a record high. (Read our daily markets coverage here.) Ross Stores posted third-quarter earnings per share of $1 ...

Core Insights - Ross Stores, Inc. reported strong financial performance in Q3 fiscal 2025, with both earnings and sales exceeding expectations, showcasing a year-over-year increase in net sales and earnings per share [1][2]. Financial Performance - Earnings per share (EPS) for Q3 reached $1.58, surpassing the Zacks Consensus Estimate of $1.40, despite a 5-cent negative impact from tariff-related costs [2]. - Total sales amounted to $5.6 billion, reflecting a 10% year-over-year increase and exceeding the Zacks Consensus Estimate of $5.41 billion. Comparable store sales improved by 7% year over year [3][9]. - The strongest merchandise categories included cosmetics, shoes, and ladies' apparel, while children's and men's categories performed in line with the overall chain [4][9]. Cost and Margin Analysis - Cost of Goods Sold (COGS) increased by 35 basis points year over year, with distribution costs rising by 60 basis points due to a new distribution center and higher tariff-related processing costs [5]. - The operating margin for the company was 11.6%, down 35 basis points year over year, primarily due to tariff-related costs [6][14]. Cash and Debt Position - At the end of Q3, Ross Stores had cash and cash equivalents of $3.8 billion, with long-term debt of $1.02 billion and total shareholders' equity of $5.7 billion [7]. Share Repurchase and Expansion - In Q3, the company repurchased 1.7 million shares for a total cost of $262 million, with plans to buy back $1.05 billion worth of shares in fiscal 2025 [10]. - The company opened 36 new Ross stores and four dd's DISCOUNTS stores, completing its target of 90 new locations for fiscal 2025 [11]. Future Outlook - For Q4 fiscal 2025, Ross Stores expects comparable store sales growth of 3-4% and total sales growth of 6-7% year over year, despite ongoing tariff costs [13][15]. - The company raised its EPS outlook for fiscal 2025 to a range of $6.38-$6.46, compared to $6.32 reported in fiscal 2024, accounting for a negative impact of 16 cents per share from tariffs [15].

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Friday's key moments. 1. The S & P 500 and Nasdaq fluctuated Friday as the indexes try to bounce back from Thursday's AI-stock-related rout. Jim Cramer called Thursday's nosedive "jarring." Friday, however, investors were enthused by remarks from New York Fed President John Williams, who suggested a chance for a December interest rate cut. According to the CME FedWatch tool, the lik ...

Group 1: Ross Stores Inc - Ross Stores reported third-quarter earnings of $1.58 per share, exceeding the analyst estimate of $1.41 [1] - Quarterly revenue for Ross Stores was $5.6 billion, surpassing the analyst consensus estimate of $5.42 billion [1] - The company raised its FY25 GAAP EPS guidance above estimates, contributing to a sharp rise in its stock price [1] Group 2: Stock Performance - Ross Stores shares increased by 6.3% to $170.64 following the earnings report [2] - Other notable stock gains included Enviri Corp, which saw a 29.1% increase to $17.51 after announcing a $3.04 billion sale [4] - Several companies recorded significant stock price increases, including Herbalife Ltd (up 11.6% to $10.76) and Quidelortho Corp (up 10.1% to $23.46) [4]

Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company operates with a team of experienced and qualified news journalists across key finance and investing hubs including London, New York, Toronto, Vancouver, Sydney, and Perth [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The content delivered by the team includes insights across various sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Utilization - Proactive is recognized for its forward-looking approach and enthusiastic adoption of technology to enhance workflows [4] - The company employs automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans to maintain best practices in content production and search engine optimization [5]

对于第四季度，罗斯百货预计每股收益为1.77至1.85美元，高于此前预估的1.74至1.81美元区间；同时将 假日季同店销售增长预期从原先的2%-3%上调至3%-4%。展望未来，该公司目前预计年度每股收益区间 为6.38至6.46美元，高于此前预期的6.08至6.21美元。 周五，罗斯百货(ROST.US)盘前涨逾3%，报165.52美元。财报显示，罗斯百货第三季度销售额达56亿美 元，超过了市场预期的54.2亿美元。当季同店销售额增长达7%，远超市场预期的3.3%。季度营业利润 率达11.6%，高于市场预期的10.6%。净利润为5.12亿美元(合每股收益1.58美元)，去年同期为4.89亿美 元(每股收益1.48美元)，市场预期为1.41美元。 ...

对于第四季度，罗斯百货预计每股收益为1.77至1.85美元，高于此前预估的1.74至1.81美元区间；同时将 假日季同店销售增长预期从原先的2%-3%上调至3%-4%。展望未来，该公司目前预计年度每股收益区间 为6.38至6.46美元，高于此前预期的6.08至6.21美元。 智通财经APP获悉，周五，罗斯百货(ROST.US)盘前涨逾3%，报165.52美元。财报显示，罗斯百货第三 季度销售额达56亿美元，超过了市场预期的54.2亿美元。当季同店销售额增长达7%，远超市场预期的 3.3%。季度营业利润率达11.6%，高于市场预期的10.6%。净利润为5.12亿美元(合每股收益1.58美元)， 去年同期为4.89亿美元(每股收益1.48美元)，市场预期为1.41美元。 ...