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Barchart
Barchart
Aditya Sarawgi

Earnings Preview: What to Expect From Ross Stores’ Report

Ross Stores ROST

Dublin, California-based Ross Stores, Inc. (ROST) operates home fashion and off-price retail apparel stores. Valued at $47.3 billion by market cap, the company offers apparel, accessories, footwear, and home fashion items through its outlets and website. ROST is expected to announce its Q2 earnings on Thursday, Aug. 15.

Ahead of the event, analysts expect Ross Stores to report a profit of $1.49 per share, up 12.9% from $1.32 per share reported in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS projections over the past four quarters. ROST reported an EPS of $1.46, exceeding the consensus estimates by around 9%.

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