Ross Stores Reports Fourth Quarter and Fiscal 2020 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/30/2026
- US stock futures tick up as strong quarter nears end
- Strong dollar pushes yen to 40-year low as traders test Japanese authorities
- Citi says bearish flows are building in Nasdaq and S&P 500
- Patrick and LCI Industries to merge in all-stock deal
- Logitech dips as BofA downgrades stock on demand outlook concerns
- Mizuho says ignore Apple noise, flags key catalyst for Micron and memory in H2
- EchoStar Prepares Dish DBS Bankruptcy Filing as Soon as Tuesday - WSJ
- Strategy stock jumps 7% as firm shifts to active capital management
- New leader board: Citi refreshes AI compute semiconductor picks
- Honeywell completes aerospace spin-off, splits into 3 companies
Ross Stores (ROST) Misses Q4 EPS by 33c, Revenues Miss; Offers 1Q EPS Guidance Below Consensus
March 2, 2021 4:03 PM ESTRoss Stores (NASDAQ: ROST) reported Q4 EPS of $0.67, $0.33 worse than the analyst estimate of $1.00. Revenue for the quarter came in at $4.25 billion versus the consensus estimate of $4.27 billion.
Barbara Rentler, Chief Executive Officer, commented, While our fourth quarter sales exceeded our expectations, the upsurge of the virus resulted in lower traffic, especially in California, our largest state, where we were subject to more stringent occupancy and operating hour restrictions.
Ms. Rentler continued, Fourth quarter operating margin of 9.5% declined versus last year as an increase in merchandise margin was more than offset by the... More
