Ross Stores tops guidance with strong Q2 sales and margin gains
-2.43% to $228.99 from $234.69
What moved ROST
- Second-quarter EPS came in at $2.66, well above the company’s own guidance range of $1.85 to $1.93, including about $0.60 per share from tariff refunds.
- Total sales rose 13% year over year, with comparable-store sales up 10%, primarily driven by increased customer traffic.
- Operating margin expanded to 17.6% from 11.5% in the year-ago quarter.
- The company raised its guidance for the third and fourth quarters despite tougher year-over-year comparisons in the back half.
Sources: PR Newswire · StockStory