earnings
confidence high
sentiment neutral
materiality 0.75
Ross Stores Q4 EPS $1.79, sales $5.9B; guides Q1 EPS $1.33-$1.47; raises dividend 10%
ROSS STORES, INC.
2024-FY EPS reported
$6.32
revenue$21,129,219,000
- Q4 EPS $1.79 (vs $1.82 prior 14-week period); net income $587M; sales $5.9B; comps +3%.
- Full-year fiscal 2024 EPS $6.32 (up from $5.56); net earnings $2.1B on sales $21.1B.
- One-time $0.14 EPS benefit from packaway facility sale in Q4 and full year.
- Raises quarterly dividend 10% to $0.405/share; payable March 31, 2025; record March 18, 2025.
- Guidance: Q1 comps -3% to flat, EPS $1.33-$1.47; FY comps -1% to +2%, EPS $5.95-$6.55 (ex $0.14 benefit).