|Bid||92.46 x 800|
|Ask||92.48 x 800|
|Day's Range||91.59 - 94.00|
|52 Week Range||75.91 - 104.35|
|Beta (3Y Monthly)||0.80|
|PE Ratio (TTM)||21.75|
|Earnings Date||Aug 22, 2019|
|Forward Dividend & Yield||1.02 (1.04%)|
|1y Target Est||101.00|
U.S. stocks were higher Friday, as investors took a momentary respite from worries about the U.S.-China trade war, which have dragged down major indexes this week.
were down 2.15% to $92.47 Friday following first-quarter revenue that missed Wall Street estimates. The retailer reported earnings of $421.1 million, or $1.13 per share, topping analysts' estimates by 1 cent. Revenue for the period of $3.8 billion, however, fell short of analysts' $3.81 billion estimates. "For the first quarter, we delivered sales gains at the high end of our guidance as well as better-than-expected earnings per share growth despite continued underperformance in Ladies apparel," CEO Barbara Rentler said.
The athletic footwear and apparel retailer reported adjusted quarterly profit of $1.53 per share, missing estimates by 7 cents a share. Revenue also came in below forecasts, and a comparable-store sales increase of 4.6% was below the 5.1% estimate of analysts surveyed by Refinitiv. Hibbett Sports HIBB — Hibbett Sports earned an adjusted $1.61 per share for the first quarter, 29 cents a share above estimates.
Stock futures rose Friday after the China trade war smashed the stock market Thursday. Boeing rose late on 737 Max hopes. Autodesk and Splunk were key earnings movers.
Ross Stores (NASDAQ:ROST) reported its quarterly earnings results late today, bringing in a profit that was stronger than what analysts called for and increased when compared to the same period a year ago, while revenue also increased year-over-year yet ROST stock took a hit after hours on Thursday.The Dublin, Calif.-based department stores business said that for its first quarter of the fiscal year, it brought in net income of $421 million, or $1.15 per share, which is 0.7% higher than its net income from the year-ago quarter, which tallied up to $418 million, or $1.11 per share.Ross Stores added that its earnings were stronger than what the Wall Street consensus estimate called for, as analysts who were surveyed by FactSet predicted the business would bring in earnings of $1.11 per share. The company added that its sales were up to $3.8 billion from $3.6 billion during the same period a year ago, meeting analysts' expectations, according to data compiled by FactSet.InvestorPlace - Stock Market News, Stock Advice & Trading TipsFor its second quarter of the fiscal 2019, the business calls for earnings between $1.06 to $1.11 per share, while same-store sales are slated to gain about 1% to 2% during the three-month period. For the fiscal year, Ross Stores is calling for earnings of $4.38 to $4.52 per share.Analysts surveyed by FactSet predict the company will bring in second-quarter earnings of $1.14 per share, as well as fiscal 2019 earnings of $4.52 per share.ROST stock fell 3.3% after hours. More From InvestorPlace * 7 Safe Stocks to Buy for Anxious Investors * 7 Stocks to Buy for Over 20% Upside Potential * 6 Stocks to Buy for This Decade's Massive Megatrend Compare Brokers The post Ross Stores Earnings: ROSS Stock Dips on Q1 Earnings Beat appeared first on InvestorPlace.
First-quarter earnings beat expectations, but second-quarter and full-year guidance fell short of analysts’ estimates.
Ross Stores reported Q1 earnings that were a hair above views and revenue that was a hair below Thursday, while guidance was weak.
On a per-share basis, the Dublin, California-based company said it had net income of $1.15. Earnings, adjusted for non-recurring gains, were $1.13 per share. The results topped Wall Street expectations. ...
Shares of Ross Stores Inc. fell more than 4% in the extended session Thursday after the discount retailer reported first-quarter earnings above expectations but offered a lower-than-expected profit guidance for its second quarter. Ross said it earned $421 million, or $1.15 a share, in the quarter, compared with $418 million, or $1.11 a share, in the year-ago period. Sales rose to $3.8 billion from $3.6 billion a year ago. Analysts polled by FactSet had expected earnings of $1.11 a share on sales of $3.8 billion. For the second quarter, Ross guided for EPS between $1.06 and $1.11, and same-store sales were seen up 1% to 2% in the quarter. For the year, Ross guided for EPS between $4.38 and $4.52. The analysts surveyed by FactSet expect second-quarter EPS of $1.14 and 2019 EPS of $4.52. Ross shares ended the regular trading session flat.
Ross Stores, Inc. today reported earnings per share for the 13 weeks ended May 4, 2019 of $1.15, up from $1.11 for the same period last year. Net earnings for the 2019 first quarter were $421 million, compared to $418 million in the prior year.
Investing.com - Ross Stores (NASDAQ:ROST) reported first quarter earnings that beat analysts' expectations on Thursday and revenue that was inline with forecasts.
(ROST) and other discount retailers haven been a bright spot in the sector in recent years. Year to date, Ross stock (ticker: ROST) is up 17.1%, after rising 18.3% in the trailing 12-month period. Ross is one of three major pure-play off-price retailers in the U.S., bookended by the larger TJX Cos. (TJX) and the smaller Burlington Stores (BURL).
Ross Stores, Inc. announced today that the Company’s Board of Directors declared a regular quarterly cash dividend of $.255 per common share, payable on June 28, 2019 to stockholders of record as of June 11, 2019.
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...
Let's see what to expect from Lowe's (LOW), Best Buy (BBY) & Ross Stores' (ROST) quarterly earnings results amid an extremely busy week for the retail industry.
It’s a retail-heavy earnings week, starting with Home Depot, TJX, and Nordstrom. Investors will also see the Fed report on its last meeting and data on home sales.
The top two off-price retailers have a unique ability to shrug off the headwinds that often undermine their rivals' results.