Ross Stores, Inc. is set to report earnings on March 3, with estimates indicating a strong quarter driven by its successful off-price retail model. Analysts predict a year-over-year earnings per share growth of 4.5%, reaching $1.87, while total sales are projected at $6.38 billion, reflecting a 10% increase. The company's stock has surged 46% over the past year, surpassing the S&P 500, and Bernstein recently raised its price target for Ross Stores from $170 to $180.
“Crowdstrike, Ross Stores, Autozone, Target, Best Buy, On Holding, and Box · are notable companies due to report · earnings · on March 3”
“Ross Stores · demonstrates · strength of its off-price model · effective merchandising execution”
“Ross Stores · has advanced · 46% · in the past year”
“The Zacks Consensus Estimate for Ross Stores' upcoming quarter’s earnings per share · is pegged at · $1.87 · implying 4.5% year-over-year growth”
“Ross Stores · has advanced · 46% in the past year.”
“Ross Stores, Inc. · is likely to post · year-over-year top and bottom line growth · true”
“ROST has a trailing four-quarter earnings surprise · of · 6.7% · true”
“Ross Stores · is likely to have benefited from · its off-price retail model · true”
“ROST anticipated comparable sales growth · of · 3-4% · true”
“Ross Stores · has a trailing four-quarter earnings surprise · 6.7%”
“Ross Stores, Inc. · has · Free Stock Analysis Report · true”
“Ross Stores · ended the trading session at · $205.64 · +1.05%”