earnings
confidence high
sentiment positive
materiality 0.85
Ross Stores Q2 EPS $1.39 (up 22% vs 2019), sales $4.8B; raises FY guidance
ROSS STORES, INC.
2021-Q2 EPS reported
$2.73
revenue$9,321,054,000
- Q2 EPS $1.39 (up 22% vs 2019), net income $494M; sales $4.8B (+21% vs 2019).
- Comparable store sales up 15% in Q2; operating margin improved to 14.1%.
- Repurchased 1.4M shares for $176M; on track for $650M in FY2021 buybacks.
- Q3 guidance: comps +5% to 7%, EPS $0.61-$0.69; cites supply chain and COVID costs.
- Raised FY2021 EPS guidance to $4.20-$4.38 on comps +10% to 11%.