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Ross Stores updates FY25 earnings guidance to $5.79-5.98 EPS, Q2 guidance to $1.43-1.49 EPS, and reports Q1 earnings of $1.
Ross Stores (NASDAQ:ROST) updated its FY25 earnings guidance to $5.79-5.98 EPS, compared to the consensus estimate of $5.94, and Q2 guidance of $1.43-1.49 EPS.
The company reported first-quarter earnings of $1.46 per share on net earnings of $488 million, a 205-basis-point increase in operating margin compared to last year's first quarter.
Sales for Q1 grew 8% to $4.9 billion, and comparable sales rose 3% year-over-year.
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Ross Stores actualiza la guía de ganancias para el año fiscal 25 a $ 5,79-5,98 EPS, la guía para el segundo trimestre a $ 1,43-1,49 EPS y reporta ganancias del primer trimestre de $ 1.