Ross Stores (ROST) Tops Q4 EPS by 2c, FY &Q1 Guidance Falls Short

Ross Stores (NASDAQ: ROST) reported Q4 EPS of $0.66, $0.02 better than the analyst estimate of $0.64. Revenue for the quarter came in at $3.25 billion versus the consensus estimate of $3.21 billion.

• comparable store sales up 4%

GUIDANCE:

Ross Stores sees FY2016 EPS of $2.59-$2.71, versus the consensus of $2.75.

Ross Stores sees Q1 2016 EPS of $0.69-$0.72, versus the consensus of $0.76.

• For the first quarter ending April 30, 2016, comparable store sales are forecast to be up 1% to 2%

For earnings history and earnings-related data on Ross Stores (ROST) click here.

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