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Ross Stores Reports Results for Fourth Quarter and Fiscal 2024

1. ROST's earnings per share decreased to $1.79 from $1.82 year-over-year. 2. Sales were $5.9 billion with a 3% increase in comparable store sales.

Earnings
+1.96%Current Return
VS
+1.07%S&P 500
$135.9703/04 04:15 PM EDTEvent Start
$138.6403/05 10:55 PM EDTLatest Updated
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FAQ

Why Neutral?

The slight decline in EPS may raise concerns, but sales growth remains positive, reflecting resilience. Historically, ROST has demonstrated recovery despite EPS fluctuations.

How important is it?

The quarterly results directly affect investor sentiment and stock valuation. EPS trends are crucial for market perception and investing decisions.

Why Short Term?

Short-term focus on earnings and sales may cause immediate stock volatility, yet underlying strength suggests stability. Previous earnings reports have often resulted in temporary dips before recovery.

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DUBLIN, Calif.--(BUSINESS WIRE)--Ross Stores, Inc. (Nasdaq: ROST) today reported earnings per share for the 13 weeks ended February 1, 2025 of $1.79, compared with $1.82 per share for the 14 weeks ended February 3, 2024. Net income for the period was $587 million, versus $610 million last year. Sales for the 13 weeks ended February 1, 2025 were $5.9 billion, with comparable store sales up 3% on top of a robust 7% gain in the same period last year. Fiscal 2024 earnings per share for the 52 weeks.

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