Ross Stores Reports Second Quarter Earnings

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Ross Stores, Inc. (ROST) PT Raised to $83 at Cowen

August 19, 2022 11:24 AM EDT

Cowen analyst John Kernan raised the price target on Ross Stores, Inc. (NASDAQ: ROST) to $83.00 (from $80.00) while maintaining an Outperform rating following earnings.

The analyst commented, "Consensus estimates are likely too high on margin recovery into FY23 without a material acceleration in... More

Ross Stores (ROST) Tops Q2 EPS by 10c, Guidance Misses

August 18, 2022 4:06 PM EDT

Ross Stores (NASDAQ: ROST) reported Q2 EPS of $1.11, $0.10 better than the analyst estimate of $1.01. Revenue for the quarter came in at $4.58 billion versus the consensus estimate of $4.63 billion.

GUIDANCE:

Ross Stores sees Q3 2022 EPS of $0.72-$0.83, versus the consensus... More