ROST Earnings Prediction
The chart below shows how ROST performed 10 days before and after its earnings report, based on data from the past quarters. Typically, ROST sees a -1.24% change in stock price 10 days leading up to the earnings, and a +3.80% change 10 days following the report. On the earnings day itself, the stock moves by -0.15%. This data can give you a slight idea of what to expect for the next quarter's release.
ROST Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
6.02B
15.50%
22.29%
Gross Margin
27.35%
10.73%
-1.01%
Operating Margin
12.35%
15.31%
10.56%
Net Margin
10.12%
18.09%
11.45%
EPS
1.82
38.93%
36.84%
No Data Available
ROST Earnings Analysis
Ross Stores Inc Corporation (ROST.O) Earnings Conference Call
Positive
Earnings Per Share Beat: Ross Stores, Inc. reported an EPS of $1.79, exceeding expectations of $1.66.
Fourth Quarter Sales Performance: Fourth quarter sales reached $5.9 billion, with a comparable store sales gain of 3%.
Earnings Per Share Increase: For fiscal 2024, earnings per share increased to $6.32, up from $5.56 in the previous year.
Sales Increase Year-over-Year: Total sales for the year rose to $21.1 billion, compared to $20.4 billion in the prior year.
Store Expansion Efforts: The company added 75 new Ross Dress for Less stores and 14 dd’s DISCOUNTS during the year, expanding its footprint.
Share Repurchase Commitment: 1.7 million shares were repurchased for a total price of $262 million in the fourth quarter, reflecting a commitment to returning cash to shareholders.
Dividend Increase Announcement: The Board approved a 10% increase in the quarterly cash dividend to $0.405 per share, demonstrating financial strength and shareholder return.
Stable Operating Margin: Operating margin for the fourth quarter was 12.4%, flat compared to last year, indicating stable operational efficiency.
Negative
Comparable Store Sales Decline: Comparable store sales growth slowed to 3% in Q4 2024, down from 5% in fiscal 2023, indicating a decline in consumer spending momentum.
Net Income Decline: Net income for Q4 2024 decreased to $587 million from $610 million in the previous year, reflecting a drop in profitability despite higher sales.
Operating Margin Stability: Operating margin for Q4 2024 remained flat at 12.4%, with planned declines in merchandise margin and unfavorable timing of packaway-related costs impacting profitability.
Sales Trend Softening: Sales trends began to soften later in January and into February 2025, attributed to unseasonable weather and macroeconomic volatility affecting customer traffic.
Cautious Sales Outlook: Guidance for Q1 2025 projects comparable store sales to be down 3% to flat, indicating a cautious outlook for the upcoming quarter.
Earnings Per Share Decline: Fiscal 2025 earnings per share are projected to decline to $5.95 to $6.55, compared to $6.32 in fiscal 2024, reflecting anticipated challenges in sales performance.
Operating Margin Decline: Operating margin for fiscal 2025 is expected to decrease to 11.5% to 12.2%, down from 12.2% in 2024, due to sales deleverage and higher distribution costs.
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ROST Earning Call Sentiment
Ross Stores, Inc. (NASDAQ:ROST) Q4 2024 Earnings Call Transcript
ROST.O
-2.55%Positive
The earnings call summary presents a mixed outlook: while there are positive aspects like a 10% dividend increase and share repurchases, guidance indicates a decline in operating margins and total sales. The Q&A reveals management's cautious approach and lack of clarity on certain issues, which could concern investors. The projected increase in EPS for the full year and comp sales is offset by the weaker Q4 guidance. Overall, the sentiment remains neutral, reflecting balanced positive and negative factors.
