Ross Stores (ROST) Tops Q1 EPS by 4c, Q2 EPS Guidance Comes in Light
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/15/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BOJ eyeing September rate hike, faster pace of tightening, sources say
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- SanDisk upgraded at JPMorgan after investor day; shares climb
- Micron: New Street upgrades to buy, says memory is no longer a cyclical story
Ross Stores Reports First Quarter Earnings, Provides Second Quarter 2018 Guidance
May 24, 2018 4:01 PM EDTDUBLIN, Calif.--(BUSINESS WIRE)-- Ross Stores, Inc. (Nasdaq: ROST) today reported earnings per share for the 13 weeks ended May 5, 2018 of $1.11, up from $.82 for the 13 weeks ended April 29, 2017. Net earnings for the 2018 first quarter were $418 million, compared to $321 million in the prior year. These earnings per share results include a $.17 per share benefit from recently enacted tax legislation and a $.02 per share benefit from the favorable timing of packaway-related expenses that we expect to reverse in subsequent quarters.
First quarter 2018 sales increased 9% to $3.6 billion. Comparable store sales for the 13 weeks ended May 5, 2018 grew 3%... More
