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 ...

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 ...

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 ...

So let's let's talk a little bit about this consumer, because that cautious optimism, it's there. You know, you talk to certain people. Other folks would say that the consumer is totally tapped out and there's just not that much pricing power left when it comes to these retailers.And I wonder, you know, when you survey the landscape, what do you see right now. Well, it's funny. I don't know who TransUnion is, but I don't know how you get answers to a survey like that.I am a cynic when it comes to surveys. I ...

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U.S. stocks whipsawed, with the blue-chip Dow swinging through 1,000 points, before closing lower. Bolstered by strong earnings from artificial intelligence chip giant Nvidia and discount retailer Walmart, stocks opened higher and the Dow climbed 700 points. However, stocks slowly started losing ground after the delayed September jobs report appeared to dash hopes for another rate cut when the Federal Reserve meets next month. At the close, the Dow was down 386.51 points, or 0.84%, at 45,752.26. The tech ...

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]

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, 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 ...

Core Insights - Burlington Stores, Inc. (BURL) is set to announce its third-quarter fiscal 2025 earnings on November 25, with revenue expectations of $2.71 billion, reflecting a 7.1% year-over-year growth, and earnings per share (EPS) estimated at $1.59, indicating a 2.6% increase from the previous year [1][10] Group 1: Earnings Performance - Burlington Stores has a trailing four-quarter earnings surprise of 11.7% on average, with the last reported quarter showing a 25.2% outperformance against the Zacks Consensus Estimate [2] - The Zacks model predicts an earnings beat for Burlington Stores, supported by a positive Earnings ESP of +3.24% and a Zacks Rank of 3 (Hold) [7][8] Group 2: Factors Influencing Q3 Earnings - Strong customer response to improved assortments and enhanced in-store execution is expected to support top-line results, with comparable store sales projected to increase by 1.5% [3] - Operational improvements under the Burlington 2.0 framework, including upgrades in merchandising systems and supply-chain efficiency, are anticipated to enhance merchandise margins and expense control [4] - Store transformation efforts, such as redesigned layouts and improved signage, have driven stronger customer engagement, leading to better performance compared to legacy formats [5] Group 3: Challenges Faced - Macroeconomic pressures, particularly higher import-related costs due to tariffs, are acknowledged as significant headwinds, impacting overall performance [6] - There are concerns regarding softer demand in seasonally sensitive categories, which may affect the company's results [6]