ROST Jul 2024 160.000 call
| Previous close | 0.2500 |
| Open | 0.4600 |
| Bid | 0.1500 |
| Ask | 0.3000 |
| Strike | 160.00 |
| Expiry date | 2024-07-19 |
| Day's range | 0.3000 - 0.4600 |
| Contract range | N/A |
| Volume | |
| Open interest | 77 |
- Yahoo Finance Video
Ross Stores boosts full-year earnings forecast, stock pops
Ross Stores (ROST) posted better-than-expected first quarter earnings and raised its full-year earnings guidance. For Q1, the discount retailer posted earnings per share of $1.46 compared to a $1.35 estimate. Revenue of $4.86 billion was about in line with Wall Street expectations of $4.82 billion. Ross Stores also raised its full-year earnings forecast to a range of $5.79 to $5.98 per share, up from $5.64 to $5.89. However, in the release, CEO Barbara Rentler says, “Ongoing uncertainty in today’s macroeconomic and geopolitical environments, including prolonged inflation, continue to squeeze our low-to-moderate income customers’ purchasing power." Yahoo Finance's Julie Hyman and Josh Lipton break down the results. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Stephanie Mikulich.
ZacksRoss Stores (ROST) Q1 Earnings & Sales Beat Estimates, Up Y/Y
Ross Stores (ROST) reports solid first-quarter fiscal 2024 results on gains from customers' favorable response to quality and other strategies.
StockStoryWhy Is Ross Stores (ROST) Stock Soaring Today
Shares of off-price retail company Ross Stores (NASDAQ:ROST) jumped 9.2% in the morning session after the company reported first-quarter results that beat analysts' gross margin expectations, which led to operating profit and EPS beats. Adding to the positive aspect, revenue came in slightly ahead of analysts' expectations due to an increase in traffic. This suggests healthy demand from its consumer base despite some of the macro concerns raised by some of the retailers that have reported earnin
