They do sandbag alright. Their guidance for Q1 EPS was $1.21 - $1.26 and they came in with $1.37 or $1.33 if you subtract the one time benefit of $0.04. So that's +7.7% better than what the midpoint of their own guidance was!
By the way, the consensus estimate for comparable store sales was +3.4% and ROST came in with +5% vs their own guidance of 2% - 3%, considerably better (2x at the midpoint).
Yeah this should pop but even if the market decides to be obtuse in the short term, I'm in it for the long haul anyway.
Actually now that I think about it, it isn't so shocking that cnbc avoids ROST since Dana Telsey got her analysis on ROST bass ackwards wrong a while back and now since she is a friend of the show they cannot talk about ROST. Fair and balanced wall street analysis......NOT!
Even adjusting for the 0.04, 1.33 still beats consensus of 1.28 and the way the stock has been trading lately, that beat was definitely not baked in as there has been a lot of negativity regarding retail stocks as proven by the way the pop it got on the TJX results was rapidly taken away.