Will Ross Stores' Q1 Earnings Drive Stock Growth?
1. ROST's Q1 earnings projected at $1.43 per share, revenue of $4.96 billion. 2. Expected earnings represent a 3% decline year-over-year; sales are up 2%. 3. Stock historically rises 50% post-earnings, with median gain of 3.6%. 4. Comparable store sales anticipated to decrease by up to 3% this year. 5. EPS guidance for the year forecasts between $5.95 and $6.55, down from $6.32.