Ross Stores Stock News

Ross Stores' 3Q24 earnings showed modest net sales growth and a gross margin expansion, but same-store sales growth decelerated significantly due to weather impacts. Management's FY24 EPS guidance was raised, and SSS growth is expected to accelerate in 4Q24. Despite a positive outlook and a new CEO with strong retail experience, the current valuation does not justify a higher rating. I maintain...

Ross Stores aims to draw customers and drive sales by offering value and a “treasure hunt environment,” executives said Thursday (Nov. 21) during the off-price retailer's quarterly earnings call.

Shares of Ross Stores (ROST) were up Friday morning as the discount retailer's earnings came in better than expected.

Shares of Gap Inc (NYSE:GAP) and Ross Stores Inc (NASDAQ:ROST) are both making outsized moves, after the retail companies posted their quarterly results.

Ross Stores, Inc. (NASDAQ:ROST ) Q3 2024 Earnings Conference Call November 21, 2024 4:15 PM ET Company Participants Barbara Rentler - Chief Executive Officer Adam Orvos - Executive Vice President and Chief Financial Officer Michael Hartshorn - President and Chief Operating Officer Conference Call Participants Matthew Boss - JPMorgan Chase & Co. Mark Altschwager - Robert W. Baird & Co. Paul Leju...

Off-price retailer Ross Stores raised its annual profit forecast on Thursday, as lower freight and supply-chain costs helped soften the impact of slowing sales at its stores, sending its shares up 7% after the bell.

Ross Stores Inc. shares rose more than 5% in the extended session Thursday after the discount retailer beat profit expectations even as it said business has slowed from earlier in the year.

DUBLIN, Calif.--(BUSINESS WIRE)--Ross Stores, Inc. (Nasdaq: ROST) today reported earnings per share for the 13 weeks ended November 2, 2024 of $1.48, up from $1.33 per share for the 13 weeks ended October 28, 2023. Net income for the period rose to $489 million versus $447 million last year. Sales for the 2024 third quarter were $5.1 billion, up from $4.9 billion in the prior year, with a compa...