- Ross Stores’ first-quarter earnings per share (EPS) exceeded expectations, coming in at $1.47 compared to $1.46 the previous year. The market estimate was $1.45.
- Sales for the first quarter totaled $4.98 billion, indicating a 2.6% increase year-over-year. The sales estimate was $4.96 billion.
- The company’s merchandise inventories were reported at $2.67 billion, reflecting an 8.5% increase year-over-year, with an estimate of $2.56 billion.
- Projected earnings per share for the second quarter range between $1.40 and $1.55, compared to $1.59 for the previous year’s corresponding period.
- Due to fluctuating tariff announcements, Ross Stores has withdrawn its full-year sales and earnings guidance, focusing instead on short-term projections.
- CEO Jim Conroy highlighted an improvement in monthly sales performance following a slow start to the spring season in February.
- Analyst recommendations for Ross Stores include 16 buy ratings, 6 hold ratings, and 1 sell rating.
Ross Stores Inc on Smartkarma
On Smartkarma, Baptista Research has been providing insightful analyst coverage on Ross Stores Inc. One report titled “Ross Stores Inc.: Brand Strategy Impact & An Improved Competitive Position Contributing To Stock’s Potential Growth!” highlights the company’s recent fourth-quarter and fiscal year 2024 financial results. Despite a mixed performance, Ross Stores achieved fourth-quarter sales of $5.9 billion, with a notable comparable store sales gain of 3%, showing improvement over the previous year.
Another report by Baptista Research, titled “Ross Stores Inc.: These Are The 6 Biggest Factors Impacting Its Performance In 2025 & Beyond! – Major Drivers,” focuses on the third-quarter 2024 earnings of Ross Stores. The company reported total sales of $5.1 billion, an increase from the previous year, with comparable store sales rising by 1%. Earnings per share also saw an uptick, reflecting positive momentum for Ross Stores Inc.
A look at Ross Stores Inc Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Ross Stores Inc. shows a promising long-term outlook based on the Smartkarma Smart Scores. With strong scores in Growth and Momentum, the company is positioned well for future expansion and market performance. The Growth score of 4 indicates potential for continued development and increased market share, while the Momentum score of 4 suggests positive investor sentiment and market interest in the company.
Additionally, Ross Stores Inc. demonstrates resilience with a score of 3, indicating its ability to withstand economic uncertainties and challenges. Although the company scores average in Value and Dividend factors, its strengths in Growth, Momentum, and Resilience bode well for its future prospects in the off-price retail sector. Overall, Ross Stores Inc. presents a favorable outlook for investors looking for long-term growth potential.
Summary of the company description:
Ross Stores, Inc. operates two brands of off-price retail apparel and home accessories stores. Ross Stores offers name brand and designer apparel, accessories, footwear, and home fashions at discount prices.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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