Ross Stores Q2 2024 GAAP EPS $1.59 Beats $1.49 Estimate, Sales $5.29B Beat $5.24B Estimate
Portfolio Pulse from Benzinga Newsdesk
Ross Stores reported Q2 2024 earnings per share of $1.59, surpassing the analyst estimate of $1.49, and sales of $5.29 billion, exceeding the $5.24 billion estimate. This marks a significant year-over-year growth in both earnings and sales.
August 22, 2024 | 8:01 pm
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Ross Stores reported better-than-expected Q2 2024 earnings and sales, with EPS of $1.59 beating the $1.49 estimate and sales of $5.29B surpassing the $5.24B estimate. This reflects strong financial performance and growth compared to the previous year.
The positive earnings surprise and sales growth indicate strong operational performance, likely boosting investor confidence and positively impacting the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100