Ross Stores, Inc. (ROST) PT Raised to $190 at Loop Capital

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Go back to Ross Stores, Inc. (ROST) PT Raised to $190 at Loop Capital

Ross Stores Reports Second Quarter Earnings

August 22, 2024 4:01 PM EDT

Provides Second Half and Updated Fiscal 2024 Guidance

DUBLIN, Calif.--(BUSINESS WIRE)-- Ross Stores, Inc. (Nasdaq: ROST) today reported earnings per share for the 13 weeks ended August 3, 2024 of $1.59 on net income of $527 million. These results compare to earnings per share of $1.32 on net income of $446 million for the 13 weeks ended July 29, 2023. Total sales for the 2024 second quarter increased 7% to $5.3 billion, up from $4.9 billion for the same period in 2023, with comparable store sales up 4% versus last year.

For the six months ended August 3, 2024, earnings per share were $3.05 on... More