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Ross Stores, Inc. (NASDAQ:ROST ) Q2 2024 Earnings Conference Call August 22, 2024 4:15 AM ET Company Participants Barbara Rentler - Chief Executive Officer Adam Orvos - Executive Vice President & Chief Financial Officer Michael Hartshorn - Group President & Chief Operating Officer Conference Call Participants Matthew Boss - JPMorgan Chuck Grom - Gordon Haskett Mark Altschwager - Baird Paul Lejuez - Citi Michael Binetti - Evercore ISI Alex Straton - Morgan Stanley Lorraine Hutchinson - Bank of America Dana Telsey - Telsey Advisory Group Brooke Roach - Goldman Sachs Robert Drbul - Guggenheim Adrienne Yih - Barclays Irwin Boruchow - Wells Fargo Marni Shapiro - Retail Tracker John Kernan - TD Cowen Aneesha Sherman - Bernstein Corey Tarlowe - Jefferies Jay Sole - UBS Laura Champine - Loop Capital Markets Operator Good afternoon, and welcome to the Ross Stores Second Quarter 2024 Earnings Release Conference Call. The call will begin with prepared comments by management followed by a question
Zachary Warring, CFRA equity research analyst, joins 'Closing Bell Overtime' to talk Ross earnings.
Ross Stores raised its fiscal 2024 profit forecast and posted second-quarter results above Wall Street estimates on Thursday, benefiting from demand for its discounted apparel and easing freight costs.
As of Aug 22, 2024, two stocks in the consumer discretionary sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
Ross Stores, Inc. ROST is expected to release earnings results for its second quarter, after the closing bell on Thursday, Aug. 22.
DUBLIN, Calif.--(BUSINESS WIRE)--Ross Stores, Inc. (NASDAQ: ROST) announced today that the Company's Board of Directors declared a regular quarterly cash dividend of $0.3675 per common share, payable on September 30, 2024 to stockholders of record as of September 10, 2024. About Ross Stores, Inc. Ross Stores, Inc. is an S&P 500, Fortune 500, and Nasdaq 100 (ROST) company headquartered in Dublin, California, with fiscal 2023 revenues of $20.4 billion. Currently, the Company operates Ross Dre.
Besides Wall Street's top -and-bottom-line estimates for Ross Stores (ROST), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended July 2024.
Ross Stores' (ROST) second-quarter 2024 results are likely to reflect gains from growth across its merchandise categories and lower distribution costs.
The latest trading day saw Ross Stores (ROST) settling at $141.65, representing a +0.7% change from its previous close.
Ross Stores has outperformed the market and its retail peers over the past year. ROST plans to release its Q2 results on the 22nd of August post market hours. We touch upon the various sub-plots that could impact earnings.