Insightful Overview of Ross Stores Inc. (ROST) Before Q1 Earnings Release
Anticipated Insights from Ross Stores' Upcoming Quarterly Financial Statement
Hop aboard the rollercoaster of investment news with our website's Active Investor newsletter! Let's dive into the latest buzz surrounding Ross Stores Inc. (ROST) as they prepare for their Q1 earnings report on May 22, 2025.
As an off-price retail powerhouse operating under Ross Dress for Less and dd's DISCOUNTS brands, ROST has been providing apparel, accessories, footwear, and home fashions products to the average consumer in the United States. Headquartered in Dublin, California, Ross Stores has a whopping market cap of $42.8 billion and is expected to reveal its Q1 earnings soon.
Ahead of the big day, analysts are optimistic about ROST, expecting them to report a profit of $1.42 per share, a slight dip from the $1.46 per share earned in the year-ago quarter. Notably, Ross Stores has exceeded analysts' earnings estimates in each of the last four quarters.
Looking ahead in the current fiscal year, analysts anticipate ROST to report an EPS of $6.41, a 1.4% increase from $6.32 in fiscal 2024. By fiscal 2026, earnings are expected to surge 7.8% year-over-year to $6.91 per share.
Over the past year, ROST shares have surged 4.3%, underperforming the S&P 500 Index's impressive 8.4% gains and the Consumer Discretionary Select Sector SPDR Fund's even more spectacular 12.4% returns over the same period. Following the release of its Q4 earnings on Mar. 4, ROST stock experienced a slight decline, despite reporting robust sales and a 3% increase in comparable store sales. The company's EPS of $1.79 also surpassed analysts' estimates by 8.5%.
Current sentiment on ROST stock is strongly optimistic, with an overall "Strong Buy" rating. Of the 21 analysts covering the stock, 16 recommend a "Strong Buy," and five recommend a "Hold." This positive consensus is reflected in the mean price target of $160.16, indicating a notable 14.9% upside potential from current price levels.
Stay tuned for the upcoming earnings announcement, Ross Stores enthusiasts! Will analysts' predictions come to fruition? We'll find out soon!
Note: Kritika Sarmah was not holding any positions in Ross Stores Inc. (ROST) on the date of publication. For more information, please review our Disclosure Policy at here. Stay connected with our Active Investor newsletter for the latest insights!
- In the upcoming Q1 earnings report, Ross Stores Inc. (ROST) is anticipated to report a profit of $1.42 per share, a slight dip from the $1.46 per share earned in the same quarter last year.
- The mean price target for Ross Stores Inc. (ROST) currently stands at $160.16, indicating a notable 14.9% upside potential from current price levels, according to the overall "Strong Buy" rating by analysts.
- In light of the upcoming earnings announcement, investors might want to consider Ross Stores Inc.'s (ROST) finance and investment prospects, taking into account its past performance and analyst recommendations.
