Ross Stores Reports Record Fourth Quarter and Fiscal 2017 Results

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Ross Stores, Inc. (ROST) PT Lowered to $86 at Wells Fargo; Reinvestment Dynamics Overshadow Strong Results

March 7, 2018 7:48 AM EST

Wells Fargo lowered its price target on Ross Stores, Inc. (NASDAQ: ROST) to $86.00 (from $91.00) while maintaining an Outperform rating.

Analyst Ike Boruchow was positive on the quarter but said the lone hole to poke here was around reinvestment as management made the... More

Ross Stores, Inc. (ROST) PT Lowered to $92 at Deutsche Bank

March 7, 2018 5:55 AM EST

Deutsche Bank lowered its price target on Ross Stores, Inc. (NASDAQ: ROST) to $92.00 (from $95.00) while maintaining a Buy rating.

Analyst Mike Baker said despite solid/strong 4Q17 results they believe the shares reacted negatively after hours to ROST's initial 2018 guidance.

Baker... More

Ross Stores (ROST) Raises Quarterly Dividend 40.6% to $0.225; Raises Buyback to $1.075B

March 6, 2018 5:02 PM EST

With earnings earlier, Ross Stores (NASDAQ: ROST) declared a quarterly dividend of $0.225 per share, or $0.9 annualized. This is a 40.6% increase from the prior dividend of $0.16. The dividend will be payable on March 30, 2018, to stockholders of record on March 19, 2018, with an ex-dividend date of March... More

Ross Stores (ROST) Tops Q4 EPS by 16c, Guides In-Line

March 6, 2018 4:04 PM EST

Ross Stores (NASDAQ: ROST) reported Q4 EPS of $1.09, $0.16 better than the analyst estimate of $0.93. Revenue for the quarter came in at $4.1 billion versus the consensus estimate of $3.96 billion.

Comparable store sales for the 13 weeks ended January 27, 2018 rose 5% versus a 4% gain for... More