Ross Stores(ROST)
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Ross Stores lifts annual profit forecast on strong demand for discount goods
Reuters· 2025-11-20 21:40
Core Viewpoint - Ross Stores has raised its annual profit forecast, indicating confidence in strong demand for discounted apparel and accessories ahead of the holiday season despite macroeconomic uncertainties [1] Company Summary - The company is betting on resilient consumer demand for its products, which include discounted apparel and accessories [1] Industry Summary - The announcement comes in the context of looming macroeconomic uncertainties, suggesting that the retail sector may be experiencing shifts in consumer behavior as the holiday season approaches [1]
Ross Stores Lifts Full-Year View on Higher Same-Store Sales
WSJ· 2025-11-20 21:31
Core Insights - The off-price retailer has raised its guidance due to a 7% increase in same-store sales, surpassing Wall Street's expectation of 3.9% growth [1] Company Performance - Same-store sales rose by 7%, indicating strong consumer demand and effective sales strategies [1] - The company's revised guidance reflects confidence in continued sales growth and operational performance [1]
Ross Stores Stock Climbs After Q3 Earnings: Here's Why
Benzinga· 2025-11-20 21:24
Ross Stores, Inc. (NASDAQ:ROST) shares climbed after the company released its third-quarter earnings report after Thursday's closing bell, beating estimates on the top and bottom lines. Here's a look at the details in the report. ROST stock is moving. Watch the price action here.The Details: 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.Read Next: Nvidi ...
Ross Stores GAAP EPS of $1.58 beats by $0.16, revenue of $5.6B beats by $190M (NASDAQ:ROST)
Seeking Alpha· 2025-11-20 21:03
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Ross Stores(ROST) - 2026 Q3 - Quarterly Results
2025-11-20 21:03
Financial Performance - Earnings per share for Q3 2025 were $1.58, with net income of $512 million, compared to $1.48 and $489 million in Q3 2024, reflecting a 6.8% increase in EPS [4] - Sales for Q3 2025 increased by 10% to $5.6 billion, up from $5.1 billion in the prior year, with comparable store sales rising 7% [4] - For the first nine months of 2025, earnings per share were $4.61, compared to $4.53 in the same period of 2024, with net income remaining stable at $1.5 billion [5] - The operating margin for Q3 2025 was 11.6%, significantly stronger than expected, driven by effective expense control [6] - For Q4 2025, the company raised its comparable store sales forecast to 3% to 4%, with EPS guidance between $1.77 and $1.85 [8] - Full-year EPS guidance for fiscal 2025 is now projected to be between $6.38 and $6.46, including a $0.16 impact from tariff-related costs [8] Shareholder Actions - The company repurchased 1.7 million shares for $262 million during Q3 2025, part of a $2.1 billion buyback program [7] Asset and Store Growth - The total assets as of November 1, 2025, were $15.41 billion, an increase from $14.91 billion a year earlier [16] - The company operates 2,273 stores at the end of Q3 2025, up from 2,192 stores at the end of Q3 2024 [14] - The company reported a 3% increase in comparable store sales year-to-date for 2025 [5] Cash Flow and Expenses - Net cash provided by operating activities increased to $1,905,165 from $1,474,431 year-over-year [18] - Depreciation and amortization expenses rose to $374,524, compared to $329,584 in the previous year [18] - Cash used in investing activities was $618,366, up from $514,122 in the prior year [18] - Net cash used in financing activities increased to $1,955,126 from $1,481,092 year-over-year [18] - The company reported a decrease in cash, cash equivalents, and restricted cash to $4,128,135 from $4,414,658 [18] - Interest paid decreased to $55,778 from $80,316 in the previous year [18] - Income taxes paid, net, decreased to $442,751 from $546,113 year-over-year [18] - Merchandise inventory change was $(684,458), compared to $(666,886) in the prior year [18] - The company issued $18,910 in common stock related to stock plans, slightly up from $18,769 [18]
Ross Stores Likely To Report Lower Q3 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call - Ross Stores (NASDAQ:ROST)
Benzinga· 2025-11-20 17:15
Core Insights - Ross Stores, Inc. is set to release its third-quarter earnings results, with analysts expecting earnings per share (EPS) of $1.42, a decrease from $1.48 in the same period last year [1] - The consensus estimate for quarterly revenue is $5.41 billion, an increase from $5.07 billion a year earlier [1] - The company reported better-than-expected second-quarter EPS results on August 21 [1] Stock Performance - Ross Stores shares increased by 0.3%, closing at $160.45 [2] Analyst Ratings - Telsey Advisory Group maintained a Market Perform rating with a price target of $160 [4] - TD Cowen raised its price target from $170 to $174 while maintaining a Buy rating [4] - UBS increased its price target from $147 to $163, maintaining a Neutral rating [4] - Wells Fargo raised its price target from $175 to $180, maintaining an Overweight rating [4] - Citigroup raised its price target from $146 to $171 while maintaining a Buy rating [4]
Ross Stores Likely To Report Lower Q3 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Benzinga· 2025-11-20 17:15
Ross Stores, Inc. (NASDAQ:ROST) will release earnings results for its third quarter, after the closing bell on Thursday.Analysts expect the Dublin, California-based company to report quarterly earnings at $1.42 per share, down from $1.48 per share in the year-ago period. The consensus estimate for Ross Stores' quarterly revenue is $5.41 billion, compared to $5.07 billion a year earlier, according to data from Benzinga Pro.On Aug. 21, Ross Stores reported better-than-expected second-quarter EPS results.Ross ...
Ross Stores Announces Quarterly Dividend
Businesswire· 2025-11-19 23:15
Core Points - Ross Stores, Inc. announced a quarterly cash dividend of $0.405 per common share, payable on December 31, 2025, to stockholders of record as of December 9, 2025 [1][8] - The company reported fiscal 2024 revenues of $21.1 billion and operates 1,909 Ross Dress for Less locations and 364 dd's DISCOUNTS stores across the United States [2][8] Company Overview - Ross Stores, Inc. is a member of the S&P 500, Fortune 500, and Nasdaq 100, headquartered in Dublin, California [2] - The company offers first-quality, in-season, name brand and designer apparel, accessories, footwear, and home fashions at savings of 20% to 60% off regular prices [2] - dd's DISCOUNTS stores feature a more moderately-priced assortment with savings of 20% to 70% off regular prices [2] Upcoming Events - Ross Stores plans to release its third quarter 2025 earnings results on November 20, 2025, at approximately 4:00 p.m. Eastern time, with a conference call scheduled for 4:15 p.m. Eastern time [6]
Ross Stores Q3 2026 Earnings Preview (NASDAQ:ROST)
Seeking Alpha· 2025-11-19 22:35
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Is Ross Stores (ROST) a ‘Buy’ Ahead of Its Upcoming Earnings Announcement?
Zacks Investment Research· 2025-11-18 22:04
Hey, hey, hey. Heat. Heat. Heat. Heat. ...