Ross Stores Reports First Quarter Earnings
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UBS Reiterates Neutral on Ross Stores (ROST) Following 1Q - PT to $57
May 20, 2016 9:15 AM EDTUBS maintained a Neutral rating on Ross Stores, Inc. (NASDAQ: ROST), and cut the price target to $57.00 (from $60.00), following the company's 1Q earnings report. ROST reported EPS at $0.73, missing UBS estimates of $0.76 and in-line with the Street's $0.73.
Analyst Michael Binetti commented, "We... More
Cowen Cuts Price Target on Ross Stores (ROST) to $61; Sees Buying Opportunity
May 20, 2016 7:47 AM EDTCowen maintained an Outperform rating on Ross Stores, Inc. (NASDAQ: ROST), and cut the price target to $61.00 (from $63.00), following the company's 1Q earnings report. ROST reported EPS of 73c in line with the Street's 73c and above 69-72c guidance. The company's 1Q... More
Ross Stores (ROST) Execution Issues Are Tranistory - Wedbush
May 20, 2016 7:27 AM EDTWedbush analyst, Morry Brown, noted that Ross Stores, Inc. (NASDAQ: ROST) 1Q results fell short of expectations but does not see a material shift in the long-term operating model which continues to take significant amounts of market share from full price retail. The company... More
Ross Stores (ROST) Met Guidance, Not Expectations - Piper Jaffray
May 20, 2016 6:54 AM EDTPiper Jaffray analyst, Neely Tamminga noted that Ross Stores, Inc. (NASDAQ: ROST) FQ1 comp sales of +2% were at the high-end of guidance, but below expectations. EPS of $0.73, was in line with consensus. Management indicated their +2% FQ1 comparable-store sales gain was negatively impacted somewhat by... More
Ross Stores (ROST) Reports In-Line Q1 EPS, Offers Q2 & FY EPS Guidance
May 19, 2016 4:03 PM EDT(Updated)
Ross Stores (NASDAQ: ROST) reported Q1 EPS of $0.73, in-line with the analyst estimate of $0.73. Revenue for the quarter came in at $3.09 billion versus the consensus estimate of $3.12 billion.
comparable store sales up 2%GUIDANCE:
Ross Stores sees Q2 2016 EPS of $0.64-$0.67, versus the consensus of $0.70.
forecast same store sales for the second... More