Ross Stores Stock News

Ross Stores, Inc. (NASDAQ: ROST) Q4 2021 earnings call dated Mar. 01, 2022 Corporate Participants: Barbara Rentler — Vice Chair And Chief Executive Officer Adam Orvos — Executive Vice President And Chief Financial Officer […] The post Ross Stores, Inc. (ROST) Q4 2021 Earnings Call Transcript first appeared on AlphaStreet .

Ross Stores (ROST) delivered earnings and revenue surprises of 7.22% and 0.21%, respectively, for the quarter ended January 2022. Do the numbers hold clues to what lies ahead for the stock?

Ross Stores Inc. shares rose more than 7% in the extended session Tuesday after the retailer topped Wall Street expectations for its fourth quarter, said it plans to open more stores, and announced a dividend increase. Ross said it earned $367 million, or $1.04 a share, in the quarter, compared with $456 million, or $1.28 a share, in the year-ago period. Sales rose to $5 billion, from $4.4 billion a year ago, Ross said. FactSet consensus called for EPS of 95 cents on sales of $4.95 billion. "We achieved strong sales results in the fourth quarter despite the negative impact from both the surge in omicron cases during the peak holiday selling period and continued supply-chain congestion," Chief Executive Barbara Rentler said in a statement. Ross also said its board authorized a $1.9 billion share buyback program and increased the company''s dividend by 9% to 31 cents a share. The dividend is payable March 31 to stockholders of record March 15. Rentler said that 2022 is "extremely difficult to predict," and not only because of the ongoing pandemic: Ross will be "up against last year''s record government stimulus and the lifting of COVID restrictions that led to unprecedented consumer demand which fueled extraordinary sales gains in the Spring of 2021," she said.

Ross Stores (ROST) declares $0.31/share quarterly dividend, 8.8% increase from prior dividend of $0.285. Forward yield 1.38%

Ross Stores press release (ROST): Q4 GAAP EPS of $1.04 beats by $0.06.Revenue of $5.02B (+18.1% Y/Y) beats by $70M.Comparable store sales up 9% versus the same period in 2019.FY…

Ross Stores Earnings, Revenue Beat in Q4

DUBLIN, Calif.--(BUSINESS WIRE)--Ross Stores, Inc. (NASDAQ: ROST) today reported earnings per share for the 13 weeks ended January 29, 2022 of $1.04 on net income of $367 million. This compares to $1.28 per share on net earnings of $456 million for the 13 weeks ended February 1, 2020. Sales for the fourth quarter of 2021 were $5.0 billion, with comparable store sales up 9% versus the same period in 2019. For the 2021 fiscal year ended January 29, 2022, earnings per share were $4.87 on net incom

Ross Stores (ROST) delivered earnings and revenue surprises of 7.22% and 0.21%, respectively, for the quarter ended January 2022. Do the numbers hold clues to what lies ahead for the stock?

Ross Stores, Inc. (ROST) CEO Barbara Rentler on Q4 2021 Results - Earnings Call Transcript

Earnings season is winding down but Wall Street will still be tuning into these important reports.

Ross Stores Inc. ROST, -2.01% shares rose more than 7% in the extended session Tuesday after the retailer topped Wall Street expectations for its fourth quarter, said it plans to open more stores, and

Ross Stores (NASDAQ:ROST) is scheduled to announce Q4 earnings results on Tuesday, March 1st, after market close.The consensus EPS Estimate is $0.97 (+44.8% Y/Y) and the consensus…

After years of a low interest rate environment, many investors have turned to equities, not only for the growth potential but also for solid and dependable dividends that help to provide an income str

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