earnings
confidence high
sentiment negative
materiality 0.75
Ross Stores Q1 EPS $1.47 (flat YoY); withdraws FY guidance citing tariff uncertainty
ROSS STORES, INC.
2025-Q1 EPS reported
$1.47
revenue$4,984,971,000
- Q1 EPS $1.47 vs $1.46; net income $479M vs $488M; sales $5.0B; comparable store sales flat.
- Q2 guidance: comps flat to +3%, EPS $1.40-$1.55 (down from $1.59); includes $0.11-$0.16 tariff cost impact.
- Withdrawing previously issued annual sales and EPS guidance citing heightened macroeconomic and tariff uncertainty.
- Repurchased 2.0M shares for $263M in Q1; on track for $1.05B total buyback in FY2025.
- Operating margin flat YoY at 12.2%.
item 2.02item 9.01