Ross Stores, Inc. (ROST) PT Lowered to $67 at RBC Capital Following 1Q Results

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Ross Stores Reports First Quarter Earnings

May 18, 2017 4:01 PM EDT

Issues Second Quarter 2017 Guidance

DUBLIN, Calif.--(BUSINESS WIRE)-- Ross Stores, Inc. (Nasdaq: ROST) today reported earnings per share for the 13 weeks ended April 29, 2017 of $.82 up from $.73 in the same period last year. Net earnings for the 2017 first quarter grew to $321 million, compared to $291 million in the prior year. Sales for the current year quarter increased 7% to $3.3 billion, with comparable store sales up 3%.

Barbara Rentler, Chief Executive Officer, commented, We achieved respectable growth in both sales and earnings during the first quarter despite the uncertainty and volatility in the external... More

Ross Stores Announces Quarterly Dividend

May 17, 2017 5:00 PM EDT

DUBLIN, Calif.--(BUSINESS WIRE)-- Ross Stores, Inc. (Nasdaq: ROST) announced today that the Companys Board of Directors declared a regular quarterly cash dividend of $.16 per common share, payable on June 30, 2017 to stockholders of record as of June 6, 2017.

Ross Stores, Inc. is an S&P 500, Fortune 500 and Nasdaq 100... More