Ross Stores Reports Third Quarter Earnings, Reiterates Fourth Quarter Guidance
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Ross Stores (ROST) Gains Confidence Following Strong 3Q; Wedbush Raises Price Target to $61
November 20, 2015 9:28 AM ESTWedbush reiterated an Outperform rating on Ross Stores, Inc. (NASDAQ: ROST), and raised the price target to $61.00 (from $59.00), following the company's 3Q earnings report. ROST delivered strong, above-consensus 3Q EPS results against a difficult backdrop and despite difficult comparisons. Conservative guidance for 4Q was... More
Ross Stores (ROST) Reiterates Guidance Following 3Q Beat; Piper Jaffray Remains Neutral
November 20, 2015 8:57 AM ESTPiper Jaffray reiterated a Neutral rating on Ross Stores, Inc. (NASDAQ: ROST), and raised the price target to $56.00 (from $55.00), following the company's 3Q earnings report. Comps came in at 3% vs. guidance of +1% to +2% and EPS of $0.53 was above guidance of $0.48 to $0.50. Guidance for FQ4 remain unchanged.
Analyst Neely... More
Cowen Raises Price Target on Ross Stores (ROST) Post 3Q
November 20, 2015 6:45 AM ESTCowen reiterated a Market Perform rating on Ross Stores, Inc. (NASDAQ: ROST), and raised the price target to $55.00 (from $54.00), following the company's 3Q15 earnings report. ROST's +3% 3Q comp on top of LY's +4% yielded a +7% on a 2-year stack accelerating from 2Q & 1Q's run rate of... More
Ross Stores (ROST) Tops Q3 EPS by 3c; Guides Relatively In-Line
November 19, 2015 4:03 PM ESTRoss Stores (NASDAQ: ROST) reported Q3 EPS of $0.53, $0.03 better than the analyst estimate of $0.50. Revenue for the quarter came in at $2.78 billion versus the consensus estimate of $2.77 billion.
Ross Stores sees Q4 2015 EPS of $0.60-$0.63, versus the consensus of $0.64.
Ross Stores sees FY2015 EPS of $2.45-$2.48, versus the consensus of $2.46.
Barbara Rentler, Chief Executive Officer, commented, "We are pleased with the better-than-expected... More
