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Ross Stores, Inc. (ROST) Tops Q1 EPS by 1c; Guides Q2, Raises FY11 Outlook

May 19, 2011 8:29 AM
Ross Stores, Inc. (NASDAQ: ROST) reported Q1 EPS of $1.48, $0.01 better than the analyst estimate of $1.47. Revenue for the quarter came in at $2.07 billion versus the consensus estimate of $2.06 billion.

Sees Q2 2011 EPS of $1.15-$1.20, versus the consensus of $1.26.

Raises its FY2011 EPS guidance from $4.90-$5.10 to $5.16-$5.31, versus the consensus of $5.34.

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