{"schema_version":"secwatch.filing_event.v1","accession":"0000745732-24-000006","form_type":"8-K","ticker":"ROST","cik":"0000745732","company_name":"ROSS STORES, INC.","filed_at":"2024-03-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.855099+00:00","generated_at":"2026-06-05T04:24:45.965292+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Ross Stores beats Q4 expectations with EPS $1.82, raises dividend, authorizes $2.1B buyback","bullets":["Q4 EPS $1.82 vs $1.31 prior year; net income $610M (up 36%); sales $6.0B; comp store sales +7%.","Fiscal 2023 EPS $5.56 vs $4.38; net earnings $1.9B on $20.4B sales; comp sales +5% (incl. 53rd week benefit).","Board approved new $2.1B two-year stock repurchase program (11% increase) and raised quarterly dividend 10% to $0.3675/share.","FY2024 guidance: same store sales +2%-3%; EPS $5.64-$5.89; Q1 EPS $1.29-$1.35.","CEO cites improved assortments driving sales; cautious outlook due to elevated housing, food, and gasoline costs."],"urls":{"canonical":"https://secwatch.observer/filing/0000745732-24-000006","json":"https://secwatch.observer/filing/0000745732-24-000006.json","markdown":"https://secwatch.observer/filing/0000745732-24-000006.md","text":"https://secwatch.observer/filing/0000745732-24-000006.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/745732/000074573224000006/0000745732-24-000006-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/745732/000074573224000006/rost-20240305.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T04:24:45.965292+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0981efffd1c3cd82833032a938fadb12c2aeb861","claim":"ROSS STORES, INC. reported the 13 weeks ending May 4, 2024 results: EPS $1.29 to $1.35. Guidance initiated.","evidence_excerpt":"For the 13 weeks ending May 4, 2024, comparable store sales are forecast to be up 2% to 3% with earnings per share projected to be $1.29 to $1.35, up from $1.09 in the first quarter ended April 29, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/745732/000074573224000006/0000745732-24-000006-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the 13 weeks ending May 4, 2024"},{"label":"EPS","value":"$1.29 to $1.35"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"36755af1728a4824447ad203ed6c392c0c49a9ba","claim":"ROSS STORES, INC. reported the 14 weeks ended February 3, 2024 results: revenue $6.0 billion, net income $610 million, EPS $1.82.","evidence_excerpt":"ROSS STORES REPORTS RESULTS FOR FOURTH QUARTER AND FISCAL 2023 ANNOUNCES NEW TWO-YEAR STOCK REPURCHASE AUTHORIZATION AND RAISES QUARTERLY CASH DIVIDEND PROVIDES FIRST QUARTER AND FISCAL 2024 GUIDANCE Dublin, California, March 5, 2024 -- Ross Stores, Inc. (NASDAQ: ROST) today reported earnings per share for the 14 weeks ended February 3, 2024 of $1.82, up from $1.31 per share for the 13 weeks ended January 28, 2023. Net income for the period rose to $610 million versus $447 million last year. Sales for the 14 weeks ended February 3, 2024 grew to $6.0 billion","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/745732/000074573224000006/0000745732-24-000006-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the 14 weeks ended February 3, 2024"},{"label":"Revenue","value":"$6.0 billion"},{"label":"Net income","value":"$610 million"},{"label":"EPS","value":"$1.82"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"99336a8fd9f495bfdeba1b2e28d367c6348df71d","claim":"ROSS STORES, INC. reported the 53 weeks ended February 3, 2024 results: revenue $20.4 billion, net income $1.9 billion, EPS $5.56.","evidence_excerpt":"Fiscal 2023 earnings per share for the 53 weeks ended February 3, 2024 grew to $5.56, up from $4.38 in the 52-week fiscal 2022 year ended January 28, 2023. Net earnings for fiscal 2023 were $1.9 billion on sales of $20.4 billion, up from net earnings of $1.5 billion in fiscal 2022 on sales of $18.7 billion.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/745732/000074573224000006/0000745732-24-000006-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the 53 weeks ended February 3, 2024"},{"label":"Revenue","value":"$20.4 billion"},{"label":"Net income","value":"$1.9 billion"},{"label":"EPS","value":"$5.56"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"f2354c90d5f5c5c6fc130d97113256290b3cbbc3","claim":"ROSS STORES, INC. reported the 52 weeks ending February 1, 2025 results: EPS $5.64 to $5.89. Guidance initiated.","evidence_excerpt":"For the 52 weeks ending February 1, 2025, the Company is planning same store sales to grow 2% to 3% on top of a solid 5% gain in 2023. Based on these assumptions, fiscal 2024 earnings per share are projected to be $5.64 to $5.89 compared to $5.56 for the fiscal year ended February 3, 2024.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/745732/000074573224000006/0000745732-24-000006-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the 52 weeks ending February 1, 2025"},{"label":"EPS","value":"$5.64 to $5.89"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}