---
schema_version: "secwatch.filing_event.v1"
accession: "0000745732-24-000022"
form_type: "8-K"
ticker: "ROST"
cik: "0000745732"
company_name: "ROSS STORES, INC."
filed_at: "2024-05-23T23:59:59+00:00"
generated_at: "2026-06-01T09:27:37.280244+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Ross Stores Q1 EPS $1.46 beats prior year $1.09; FY24 EPS guidance raised to $5.79-$5.98

## Summary
- Q1 net earnings $488M, EPS $1.46 vs $371M, $1.09; sales $4.9B (+8% YoY).
- Operating margin 12.2% up 205 bps YoY driven by lower distribution, incentive, freight costs.
- Repurchased 1.9M shares for $262M in Q1; on track for $1.05B buyback in FY24.
- Q2 guidance: comps +2-3%, EPS $1.43-$1.49.
- FY24 comps unchanged +2-3%; EPS raised to $5.79-$5.98 (excl $0.20 53rd wk benefit).

## SEC filing metadata
- accession: 0000745732-24-000022
- form_type: 8-K
- ticker: ROST
- cik: 0000745732
- company_name: ROSS STORES, INC.
- filed_at: 2024-05-23T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/745732/000074573224000022/0000745732-24-000022-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/745732/000074573224000022/rost-20240523.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000745732-24-000022
- JSON: https://secwatch.observer/filing/0000745732-24-000022.json
- Plain text: https://secwatch.observer/filing/0000745732-24-000022.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.