Ross Stores Reports Second Quarter Earnings, Issues Second Half 2015 Guidance
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Ross Stores (ROST) Pullback Presents Attractive Entry Point, Wedbush Says
August 21, 2015 7:49 AM EDTWedbush analyst Morry Brown reiterated an Outperform rating and bumped his price target on Ross Stores, Inc. (NASDAQ: ROST) to $59.00 (from $58.00) following earnings, saying the pullback offers a rare attractive entry point.
Brown commented, "ROST shares appear set to trade down after 2Q EPS,... More
Ross Stores (ROST) Tops Q2 EPS by 1c; Guides In-Line
August 20, 2015 4:04 PM EDTRoss Stores (NASDAQ: ROST) reported Q2 EPS of $0.63, $0.01 better than the analyst estimate of $0.62. Sales for the fiscal 2015 second quarter rose 9% to $2.968 billion, with comparable store sales up 4% over the prior year, versus the consensus estimate of $2.94 billion.
Ross Stores sees Q3 2015 EPS of $0.48-$0.50, versus the consensus of $0.50.
Ross Stores sees FY2015 EPS of $2.40-$2.45, versus the consensus of $2.45.
Barbara Rentler, Chief Executive Officer, commented, "We are pleased with our solid sales and earnings... More
