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Benzinga
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Ross Stores Reports Mixed Q2 Results: EPS Beat, Revenues Miss

1. ROSS reported Q2 earnings of $1.56, exceeding estimates. 2. Revenue was $5.52 billion, slightly below expectations. 3. The CEO remains cautiously optimistic about future performance. 4. Tariff-related costs impacted earnings by about $0.11 per share. 5. Q3 EPS guidance is lower than analyst estimates.

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FAQ

Why Neutral?

While earnings beat estimates, revenue missed expectations and third-quarter guidance fell short.

How important is it?

Earnings results impact investor sentiment, but cautious outlook may limit positive effects.

Why Short Term?

Near-term results may be influenced by cautious guidance and macroeconomic concerns.

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