Jefferies Raises Price Target on Ross Stores (ROST) to $59; Reiterates Hold
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Ross Stores Reports Third Quarter Earnings, Updates Fourth Quarter Guidance
November 17, 2016 4:01 PM ESTDUBLIN, Calif., Nov. 17, 2016 /PRNewswire/ -- Ross Stores, Inc. (Nasdaq: ROST) today reported earnings per share for the third quarter ended October 29, 2016 of $.62, a 17% increase on top of a robust 15% gain in the prior year. Net earnings grew to $245 million, up from $216 million last year.  Sales for the 2016 third quarter rose 11% to $3.1 billion, with comparable store sales up 7% versus a 3% gain in the prior year.
For the first nine months of fiscal 2016, earnings per share were $2.06, up 11% on top of a 15% increase last year. Net earnings were $817 million, up... More
Ross Stores Announces Quarterly Dividend
November 16, 2016 6:00 PM ESTDUBLIN, Calif., Nov. 16, 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 December 30, 2016 to stockholders of record as of December 7, 2016.
Ross Stores, Inc. is an S&P 500, Fortune 500... More
