UBS Reiterates Neutral on Ross Stores (ROST) Following 1Q - PT to $57
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Ross Stores Reports First Quarter Earnings
May 19, 2016 4:01 PM EDTDUBLIN, Calif., May 19, 2016 /PRNewswire/ -- Ross Stores, Inc. (Nasdaq: ROST) today reported earnings per share for the 13 weeks ended April 30, 2016 of $.73, for a 6% gain on top of a robust 19% increase in the prior year period. Net earnings for the 2016 first quarter were $291 million, up from $282 million last year. Sales increased 5% to $3.089 billion, with comparable store sales up 2% on top of a strong 5% gain in the first quarter of 2015.
Barbara Rentler, Chief Executive Officer, commented, "Even though we faced our strongest prior year comparisons, sales performed at the high end... More
Ross Stores Announces Quarterly Dividend
May 18, 2016 6:00 PM EDTDUBLIN, Calif., May 18, 2016 /PRNewswire/ --Â Ross Stores, Inc. (Nasdaq: ROST) announced today that the Company's Board of Directors declared a regular quarterly cash dividend of $.135 per common share, payable on June 30, 2016 to stockholders of record as of June 7, 2016.
Ross Stores, Inc. is an S&P 500, Fortune 500... More
