Ross Stores Q4 2024 GAAP EPS $1.820 Beats $1.650 Estimate, Sales $6.022B Beat $5.814B Estimate
Portfolio Pulse from Benzinga Newsdesk
Ross Stores reported Q4 2024 earnings of $1.820 per share, surpassing the $1.650 estimate, with sales of $6.022B also beating the $5.814B estimate.

March 05, 2024 | 9:02 pm
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Ross Stores reported higher than expected Q4 2024 earnings and sales, beating analyst estimates.
Beating earnings and sales estimates typically leads to positive investor sentiment and can cause a short-term increase in stock price. Ross Stores' significant beat on both fronts suggests a strong performance, likely leading to increased investor confidence and potential stock price appreciation.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100