Total sales advanced almost 9% to $2,968.3 million, backed by positive response of value-focused customers to the company’s extensive collection of brand bargains. The number of analysts agreeing with this consensus is 13. The business earned $2.97 billion during the quarter, compared to analyst estimates of $2.94 billion. S&P 500 has rallied 5.56% during the last 52-weeks. The company’s strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, increase in net income and notable return on equity.
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For the second quarter of 2015, to be reported on Thursday, the Street is modeling consensus earnings of $0.62 per share on revenue of $2.944 billion. But the shares are getting punished after rising expenses hurt margins and the company warned of a challenging second half of the year amid hard sales and earnings comparisons and increased discounts and promotions from department stores. Cantor Fitzgerald began coverage on shares of Ross Stores in a research note on Monday, April 20th. The standard deviation of the price stands at $2.85. (NASDAQ:ROST) at 2.25. Research Analysts at Zacks have ranked the company at 3, suggesting the traders with a rating of hold for the short term.
Shares of Gap Inc (NYSE: GPS) and Ross Stores, Inc. 4 analysts have rated the shares as a strong buy. Institutional Investors own 90.7% of Company shares. 15 analysts have rated Hold. (NASDAQ:ROST) ended Wednesday session in red amid volatile trading. Ross Stores, Inc. (NASDAQ:ROST): On Tuesday heightened volatility was witnessed in Ross Stores, Inc.
On August 18, 2015 The shares registered one year high of $56.68 and one year low was seen on August 20, 2014 at $34.34. Telsey Advisory Group reiterated a market perform rating and set a $109.00 price objective (up from $100.00) on shares of Ross Stores in a research note on Friday, May 22nd. (NASDAQ:ROST) is now $54.26 or 1.01% above the current price. District of Columbia and Guam, and 152 dd 1,210 Ross places in 33 states, the The Ross and dd’s DISCOUNTS stores are supported by five distribution centers. It offers designer apparel, accessories, footwear, and home fashions for the entire family at everyday savings of 20% to 60% off department and specialty store regular prices. Its merchandise offerings also include, but are not limited to, small furniture and furniture accents, educational toys and games, luggage, gourmet food and cookware, watches, and sporting goods.
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Shares of Ross Stores, Inc. Its products are offered by the dd’s DISCOUNTS shops at savings of 20% to 70% off moderate section and discount store regular prices each day.
