Ross Stores (ROST) Q4 Earnings Surpass Estimates

Company Performance - Ross Stores reported quarterly earnings of $1.79 per share, exceeding the Zacks Consensus Estimate of$ 1.65 per share, but down from $1.82 per share a year ago, representing an earnings surprise of 8.48% [1] - The company posted revenues of$ 5.91 billion for the quarter ended January 2025, missing the Zacks Consensus Estimate by 0.63% and down from $6.02 billion year-over-year [2] - Over the last four quarters, Ross Stores has surpassed consensus EPS estimates four times and topped consensus revenue estimates two times [2] Stock Outlook - Ross Stores shares have declined approximately 9.6% since the beginning of the year, compared to a decline of 0.5% for the S&P 500 [3] - The company's earnings outlook is mixed, with a current Zacks Rank of 3 (Hold), indicating expected performance in line with the market in the near future [6] - The current consensus EPS estimate for the upcoming quarter is$ 1.52 on revenues of $5.08 billion, and for the current fiscal year, it is$ 6.63 on revenues of $22.24 billion [7] Industry Context - The Retail - Discount Stores industry, to which Ross Stores belongs, is currently ranked in the top 24% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact investor sentiment and stock performance [5]