Ross Stores Reports First Quarter Earnings, Issues Second Quarter 2015 Guidance

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Piper Jaffray Raises Price Target on Ross Stores (ROST) following FQ1 Results

May 22, 2015 8:16 AM EDT

Piper Jaffray maintains a Neutral rating on Ross Stores, Inc. (NASDAQ: ROST), and raised the price target to $109.00 (from $105.00), following FQ1 earnings report. Neely Tamminga said that ROST bested both top-and-bottom-line expectations.

Tamminga commented, saying, "We are adjusting our estimates... More

Cowen Rates Ross Stores (ROST) at Market Perform Following Q1

May 22, 2015 7:16 AM EDT

Cowen reiterates a Market Perform rating and $104 price target on Ross Stores, Inc. (NASDAQ: ROST) following Q1 results. ROST reported EPS of $1.37 vs. Cowen's $1.26 estimate and the Street's $1.28. Reported sales came in at $2.94B, compared to $2.88B estimates. Analyst Oliver Chen said that the Board of Directors approved a two-for-one... More

Ross Stores (ROST) Tops Q1 EPS by 5c, Comps Increase 5%, Raises FY EPS Guidance

May 21, 2015 4:06 PM EDT

Ross Stores (NASDAQ: ROST) reported Q1 EPS of $1.33, $0.05 better than the analyst estimate of $1.28. Revenue for the quarter came in at $2.94 billion versus the consensus estimate of $2.89 billion. Comparable store sales were up 5% over the prior year.

Ross Stores sees FY2015 EPS of... More