Ross Stores (ROST) News & Sentiment

Ross Stores, Inc. (NASDAQ:ROST) will hold its Q4 2024 Earnings Conference Call on March 4, 2025, at 4:15 PM ET. The call will feature company representatives including Connie Kao, Jim Conroy, Adam Orvos, and Michael Hartshorn. Analysts from various financial institutions, such as JPMorgan Chase, Citigroup, and Goldman Sachs, will also participate in the call.

Ross Stores (ROST) reported quarterly earnings of $1.79 per share, which is higher than the Zacks Consensus Estimate of $1.65 per share. This is a slight decrease compared to earnings of $1.82 per share from the same period last year.

On Tuesday, discount retailer Ross Stores predicted that its yearly sales and profits would be lower than expected, similar to its larger competitors. This suggests a decrease in consumer demand, which is being affected by increasing inflation.

Ross Stores (ROST -0.61%), which operates on an off-price retail model, announced its fourth-quarter earnings for the fiscal year that ended on February 3, 2025, on March 4, 2025. The earnings per share (EPS) were better than analysts had predicted, coming in at $1.79 instead of the expected $1.66, thanks to a special sale.

After the market closed on Tuesday, shares of Ross Stores Inc. dropped because the discount retailer predicted that same-store sales might be lower this year. This comes after a recent trend of slowing sales, which was affected by bad weather that kept customers at home last month and ongoing concerns about the economy.

Ross Stores, Inc. (ROST) will announce its financial results for the fourth quarter on Tuesday, March 4, after the market closes.

Ross Stores (ROST) finished the latest trading session at $138.02, which represents a decrease of 0.55% compared to the previous day's closing price.

ROST's results for the fourth quarter are expected to show positive effects from opening new stores and a successful micro-merchandising approach, even with the difficulties in the overall economy.

Ross Stores (ROST) has the right mix of factors that could lead to a strong earnings report in the near future. Be ready for the important expectations.