Ross Stores is a prominent off-price retailer that operates a chain of stores offering a diverse selection of brand name and designer merchandise at discounted prices. The company specializes in apparel, home goods, and accessories, providing customers with a treasure-hunt shopping experience. By purchasing excess inventory from manufacturers and other retailers, Ross Stores is able to pass significant savings onto consumers, appealing to budget-conscious shoppers. The company operates under two distinct brand names, Ross Dress for Less and dd's Discounts, ensuring a wide reach in the off-price retail sector across various markets. Read More
Shares of off-price retail company Ross Stores (NASDAQ:ROST) fell 12.8% in the afternoon session after the company reported an underwhelming first quarter of 2025 results: its revenue and EPS guidance for the next quarter fell short of Wall Street's estimates. Management also withdrew full-year guidance, reflecting the uncertainty around evolving trade policy and inflation, especially given that over half of its merchandise originates from China.
Wall Street stumbled midday Friday, shaken by a fresh wave of trade war fears after President Donald Trump proposed aggressive new tariffs on Apple Inc. (NASDAQ:AAPL)
Let's have a look at what is happening on the US markets in the middle of the day on Friday. Below you can find the top S&P500 gainers and losers in today's session.
Curious about the market action on Friday? Dive into the US markets to explore the gap up and gap down stocks in the S&P500 index during today's session.
As the US market prepares to open on Friday, let's get an early glimpse into the pre-market session and identify the S&P500 stocks leading the pack in terms of gains and losses.
Off-price retail company Ross Stores (NASDAQ:ROST) reported Q1 CY2025 results topping the market’s revenue expectations, with sales up 2.6% year on year to $4.98 billion. On the other hand, next quarter’s revenue guidance of $5.37 billion was less impressive, coming in 2.3% below analysts’ estimates. Its GAAP profit of $1.47 per share was 2.5% above analysts’ consensus estimates.
After the conclusion of the US market's regular session on Thursday, let's examine the after-hours session and unveil the notable performers among the top gainers and losers.
Ross Stores, Inc. (Nasdaq: ROST) today reported earnings per share for the 13 weeks ended May 3, 2025 of $1.47, compared to $1.46 in earnings per share for the 13 weeks ended May 4, 2024. Net income for the period was $479 million versus $488 million last year. Sales for the first quarter of 2025 were $5.0 billion with comparable store sales flat versus last year.
Wall Street edges higher as GOP tax bill clears the House and bond yields ease, helping investors shake off prior losses while digesting mixed May business activity data.
Ross Stores, Inc. (Nasdaq: ROST) announced today that the Company’s Board of Directors declared a regular quarterly cash dividend of $0.405 per common share, payable on June 30, 2025 to stockholders of record as of June 10, 2025.
