Ross Stores, Inc. (ROST) seems well-poised for growth, thanks to its robust strategic efforts. The company has been gaining from positive customer response for its merchandise across both banners, which has been boosting the comparable-store sales (comps) performance for a while now. Its store expansion plans also bode well. Buoyed by such strengths, shares of this apparel and accessories dealer have increased 33% compared with the industry’s 25.3% growth in a year.What’s More?Ross Stores is consistent with ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark one) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended February 03, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ Commission file number 0-14678 Ross Stores, Inc. (Exact name of registrant as specified in its charter) Delaware 94-1390387 (State or other ju ...

Ross Stores, Inc. (ROST) has announced a significant expansion effort that underscores its bullish outlook on the value retail market. In a strategic move to augment its footprint across the United States, this prominent off-price retailer inaugurated 11 Ross Dress for Less stores and seven dd's DISCOUNTS outlets through February and March, spreading its reach across 11 diverse states.This expansion is part of the company’s ambitious plan for fiscal 2024, aiming to launch 90 locations, which will include ab ...

Ross Stores, Inc.’s (ROST) top and bottom lines beat estimates in the fourth quarter of fiscal 2023. Both metrics improved year over year. The strong results can be attributed to customers' favorable response to quality, branded bargains, leading to significant earnings growth. The year witnessed a strategic increase in merchandise offerings and efficient operational adjustments, positioning Ross well for fiscal 2024 despite potential economic uncertainties.Consequently, this Zacks Rank #2 (Buy) company’s s ...

Ross Stores, Inc. (NASDAQ:ROST) Q4 2023 Results Conference Call March 5, 2024 4:15 PM ET Company Participants Barbara Rentler - Chief Executive Officer Adam Orvos - Executive Vice President and Chief Financial Officer Michael Hartshorn - Group President and Chief Operating Officer Connie Kao - Group Vice President, Investor Relations Conference Call Participants Lorraine Hutchinson - Bank of America Matthew Boss - JPMorgan Mark Altschwager - Baird Chuck Grom - Gordon Haskett Michael Binetti - Evercore ISI A ...

Ross Stores (ROST) came out with quarterly earnings of $1.82 per share, beating the Zacks Consensus Estimate of $1.63 per share. This compares to earnings of $1.31 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 11.66%. A quarter ago, it was expected that this discount retailer would post earnings of $1.22 per share when it actually produced earnings of $1.33, delivering a surprise of 9.02%.Over the last four quarters, the com ...

Ross Stores Inc. late Tuesday blew past expectations for its holiday quarter but spooked investors by saying that higher costs of living continue to pressure its customers.While inflation has moderated, there is ongoing macroeconomic and geopolitical uncertainty, and “housing, food, and gasoline costs remain elevated and continue to pressure our low- to moderate-income customers’ discretionary spend,” the off-price retailer said.“As a result, while we hope to do better, we believe it is prudent to continue ...

DUBLIN, Calif.--(BUSINESS WIRE)--Ross Stores, Inc. (NASDAQ: ROST) today reported earnings per share for the 14 weeks ended February 3, 2024 of $1.82, up from $1.31 per share for the 13 weeks ended January 28, 2023. Net income for the period rose to $610 million versus $447 million last year. Sales for the 14 weeks ended February 3, 2024 grew to $6.0 billion, with comparable store sales for the 13 weeks ended January 27, 2024 up a robust 7% over the same period last year. Fiscal 2023 earnings per share for ...

Exhibit 99.1 __________________________________________________________________ FOR IMMEDIATE RELEASE Contact: Adam Orvos Connie Kao Executive Vice President, Group Vice President, Investor Relations Chief Financial Officer (925) 965-4668 (925) 965-4550 connie.kao@ros.com ROSS STORES REPORTS RESULTS FOR FOURTH QUARTER AND FISCAL 2023 ANNOUNCES NEW TWO-YEAR STOCK REPURCHASE AUTHORIZATION AND RAISES QUARTERLY CASH DIVIDEND PROVIDES FIRST QUARTER AND FISCAL 2024 GUIDANCE Dublin, California, March 5, 2024 -- Ro ...

Investors are always looking for stocks that are poised to beat at earnings season and Ross Stores, Inc. (ROST) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Ross Stores is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty good ...