Ross Stores Reports Second Quarter Earnings, Issues Second Half 2016 Guidance
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MKM Partners Raises Price Target on Ross Stores (ROST) to $72 Following Solid 2Q Report
August 19, 2016 11:06 AM EDTMKM Partners reiterated a Buy rating on Ross Stores, Inc. (NASDAQ: ROST), and raised the price target to $72.00 (from $65.00), following the company's 2Q earnings report. ROST reported EPS of $0.71, ahead of the Street's $0.67 estimate and ahead of management's $0.64-$0.67 guidance. Full-year EPS is now projected... More
Jefferies Raises Price Target on Ross Stores (ROST) to $57 Following 2Q
August 19, 2016 9:25 AM EDTJefferies reiterated a Hold rating on Ross Stores, Inc. (NASDAQ: ROST), and raised the price target to $57.00 (from $51.00), following the company's 2Q earnings report. 2Q comps were reported at +4%, a sequential improvement from last qtr and ahead of 1-2% guidance. By category, home... More
Ross Stores (ROST) Tops Q2 EPS by 4c
August 18, 2016 4:04 PM EDTRoss Stores (NASDAQ: ROST) reported Q2 EPS of $0.71, $0.04 better than the analyst estimate of $0.67. Revenue for the quarter came in at $3.18 billion versus the consensus estimate of $3.13 billion.
Comps increased 4%.
GUIDANCE:
Ross Stores sees Q3 2016 EPS of $0.52-$0.55,... More
