Skip to main content

Ross Stores, Inc. (ROST) - Get Free Report is expected to report adjusted net income of $402.3 million, or $1.12 a share, on sales of $4 billion after the market closes on Thursday, based on a FactSet survey of 24 analysts.

The company offered guidance of $1.06 to $1.11 a share on May. 24. Shares have risen 12.3% since then.

In the same period a year ago the company posted earnings of $1.04 a share on sales of $3.7 billion. It reported net income of $418.3 million.

The stock has risen 10.2% since the company last reported earnings on May. 23.

Quarterly estimates have fallen less than 1 cent a share in the past month.

Ross Stores is currently trading at a price-to-forward-earnings ratio of 22.2 based on the 12-month estimates of 24 analysts surveyed by FactSet.

In the upcoming quarter analysts are forecasting adjusted net income of $358.8 million, or $1.00 a share, on sales of $3.8 billion.

Save 57% With Our Labor Day Sale. Join Jim Cramer's Action Alerts PLUS investment club to become a smarter investor! Click here to sign up!

Introducing TheStreet Courses: Financial titans Jim Cramer and Robert Powell are bringing their market savvy and investing strategies to you. Learn how to create tax-efficient income, avoid top mistakes, reduce risk and more. With our courses, you will have the tools and knowledge needed to achieve your financial goals. Learn more about TheStreet Courses on investing and personal finance here.