Company Earnings Update 2 minutesRegister for Free AccessRoss Stores (NasdaqGS: ROST) 1Q19 Results: Beats Consensus, Men’s Category Performs Well While Ladies Apparel Underperforms Coresight Research May 30, 2019 Executive Summary Ross Stores 1Q19 revenues were $3.79 billion, even with the consensus estimate and up 5.8% year over year. The company reported 1Q19 adjusted EPS of $1.15, higher than the consensus estimate of $1.12 and up from the year ago period. Comparable sales were up 2%, at the high end of company guidance of flat to 2%. The company raised its 2019 full year EPS guidance to $4.38-4.52, up from and compared to the consensus estimate of $4.52. The company expects its second quarter EPS to be $1.06-1.11, up from $1.04 in the prior year and compared to the consensus estimate of $1.14. To view more research related to Ross Stores, click here. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: Rising Above the Competition: Playbook for Emerging Brands To Succeed in a Crowded MarketUS Online Grocery Survey 2023—Infographic: Assessing the Top Retailers and E-Commerce PopularityCES 2024 Day One: Elevance Health, Intel, L’Oréal and Walmart Drive Customer-Centric InnovationInsights Video: Retail Shrink and Loss-Prevention Methods
