$ROST (Ross Stores Inc.)

$ROST {{ '2015-07-07T15:37:31+0000' | timeago}} • SEC

$ROST 1Q15 10-Q: 1Q15-end total assets were $4.94Bil & total liabilities were $2.60Bil. Total unamortized discount and debt issuance costs were $4.3MM vs. $4.4MM at 4Q14-end & $0.3MM at 1Q14-end and were classified as reduction of long-term debt. Aggregate fair value of long-term debt was approx. $430MM vs. $442MM at 4Q14-end & $182MM at 1Q14-end.

$ROST {{ '2017-10-09T15:03:06+0000' | timeago}} • Announcement

$ROST opened 30 Ross Dress for Less and 10 dd's DISCOUNTS stores across 22 states in September and October, 2017. These new locations complete the company's store growth plans for FY17.

$ROST {{ '2017-08-18T14:57:25+0000' | timeago}} • Webcast

$ROST said the 4% rise in comparable store sales in 2Q17 was driven by higher traffic and an increase in the size of the average basket. Proportionally, traffic contributed more than the basket. The higher basket was driven by an increase in units.

$ROST {{ '2017-08-17T21:02:19+0000' | timeago}} • Infographic

$ROST Ross Stores, Inc. Earnings AlphaGraphic: Q2 2017 Highlights

$ROST {{ '2017-08-17T20:23:05+0000' | timeago}} • Announcement

For 3Q17, $ROST sees same store sales gain of 1-2% on top of a robust 7% increase in the prior year. EPS for the period is projected to be $0.64-$0.67, up from $0.62 in last year’s third quarter.

$ROST {{ '2017-08-17T20:18:31+0000' | timeago}} • Announcement

Apparel and home fashion chain $ROST reported EPS of $0.82 in 2Q17, up 15% YoY. Net earnings grew to $317MM, compared to $282MM in the prior year, as sales rose 8% to $3.43Bil and comparable store sales increased 4% YoY.

$ROST {{ '2017-05-18T21:04:25+0000' | timeago}} • Webcast

$ROST said that in terms of California, the company continues to see comps there. Additionally in terms of the breakdown of the new store openings, about a third of $ROST new stores are in the Midwest, about a third are in existing $ROST market outside the Midwest and the remainder at dd's new openings.

$ROST {{ '2017-05-18T20:54:25+0000' | timeago}} • Webcast

$ROST stated that it expects wages to abate in 2H17, as the company anniversaries the most recent wage increases that took place in 2Q16. However, the guidance for 2017 still assumes an SG&A leverage point at about 3%, which is in line with historical averages.

$ROST {{ '2017-05-18T20:30:44+0000' | timeago}} • Announcement

For 2Q17, $ROST expects same store sales to be up 1-2%, on top of a 4% gain a year ago, with EPS of $0.73-0.76, up from $0.71 in 2Q16. Based on 1Q17 results and 2Q17 guidance, $ROST now expects EPS for FY17 to be in the range of $3.07-3.17 compared to $2.83 a year ago.

$ROST {{ '2017-05-18T20:28:57+0000' | timeago}} • Announcement

During 1Q17, $ROST repurchased 3.3MM shares of common stock for an aggregate price of $215MM. The company remains on track to buyback a total of $875MM in common stock during FY17 under the new two-year $1.75Bil authorization approved by its BoD in Feb. 2017.

$ROST {{ '2017-05-18T20:26:11+0000' | timeago}} • Announcement

Off-price department store $ROST reported higher 1Q17 earnings, helped by higher sales and merchandise margins. Net income grew 10.45% to $321.02MM or $0.82 per share from $290.63MM or $0.73 per share a year ago. Revenue for the quarter grew 7% to $3.30Bil, with comparable store sales increasing 3%.

$ROST {{ '2017-02-28T22:14:03+0000' | timeago}} • Webcast

In terms of new markets, $ROST said the Midwest has been its new market and it continues to be the new market. The company added that there is no additional new market outside of the Midwest that it is planning to move into in 2017.

$ROST {{ '2017-02-28T22:09:00+0000' | timeago}} • Webcast

$ROST said that on the cash usage, the company will deliver excess cash to shareholders as it has been doing. The company does not expect that to change going forward and will be using the cash for dividends and share buyback programs.

$ROST {{ '2017-02-28T21:47:35+0000' | timeago}} • Webcast

$ROST expects 1Q17 operating margin to be 14.7-14.9% compared to the year ago operating margin of 15.4%. Additionally, net interest expense for 1Q17 is expected to be about $3.5MM and tax rate is expected to be about 36-37%.

$ROST {{ '2017-02-28T21:43:09+0000' | timeago}} • Webcast

$ROST said that for 4Q16, shoes and men's were the best performing merchandise categories at the company, while the Midwest and Southeast were the strongest regions. On guidance for 2017, the company expects CapEx to be approx. $400MM and depreciation and amortization expense, inclusive of stock based amortization, to be about $400MM.

$ROST {{ '2017-02-28T21:23:04+0000' | timeago}} • Announcement

$ROST's BoD authorized a new program to repurchase $1.75Bil of its common stock over the next two fiscal years. The Board also approved a 19% increase in quarterly cash dividend to $0.16 per share, payable on March 41, 2017 to stockholders of record as of March 10, 2017.

$ROST {{ '2017-02-28T21:21:01+0000' | timeago}} • Announcement

$ROST expects FY17 same store sales growth of 1-2% compared to 4% last year, and EPS of $3.02-3.15, up 7-11% from $2.83 in FY16. For 1Q17, $ROST sees comparable store sales growth of 1-2% and EPS of $0.76-0.79, up from $0.73 in 1Q16. $ROST believes it is prudent to remain somewhat cautious in planning its business for FY17.

$ROST {{ '2017-02-28T21:19:10+0000' | timeago}} • Announcement

$ROST reported a 14% growth in 4Q16 earnings driven by higher sales as well as highly competitive and promotional holiday season. Net income rose to $300.57MM or $0.77 per share from $264.16MM or $0.66 per share last year. Sales grew to $3.51Bil from $3.25Bil. Comparable store sales increased 4%.

$TUES {{ '2016-11-22T19:29:00+0000' | timeago}} • Announcement

$TUES appointed Barry Gluck as a director of the board, effective Jan. 1, 2017. Gluck served in various Senior Management positions with $ROST from 1989 to 2007, most recently as EVP of Merchandising, Marketing and Store Planning and Allocation. Presently Gluck is the Founder and Managing Director of Gluck Consulting LLC.

$ROST {{ '2016-11-17T21:41:29+0000' | timeago}} • Webcast

$ROST expects to end FY16 with 1,338 Ross and 192 dd's DISCOUNTS stores, up 84 locations for 2016. During 3Q16, the company repurchased 2.8MM shares of common stock for a total cost of $179MM. The company is on track to spend a total of $700MM for FY16 to complete the two-year $1.4Bil stock repurchase program approved in Feb. 2015.

$ROST {{ '2016-11-17T21:37:12+0000' | timeago}} • Webcast

$ROST said that operating margin was above plan for 3Q16, up 55BP to 12.6%, helped by higher merchandise margins. Total consolidated inventory rose 4% YoverY, with avg. in-store inventory falling marginally. The company completed its 2016 store opening program during 3Q16, with the addition of 25 new Ross and 9 dd's DISCOUNTS.

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