Ross Stores Expects Q2 Comparable Store Sales To Increase 2% - 3% On Top Of 5% Gain Last Year; EPS Of $1.43 - $1.49, Est $1.45
Portfolio Pulse from Benzinga Newsdesk
Ross Stores expects Q2 comparable store sales to increase by 2% to 3%, building on a 5% gain from last year. The company projects EPS to be between $1.43 and $1.49, with an estimate of $1.45.
May 23, 2024 | 8:07 pm
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Ross Stores expects Q2 comparable store sales to increase by 2% to 3%, following a 5% gain last year. The projected EPS range is $1.43 to $1.49, with an estimate of $1.45.
The expected increase in comparable store sales and the projected EPS range indicate positive performance for Ross Stores. This is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100