Insight Report 3 minutes PremiumRoss Stores (ROST) 2Q16 RESULTS: ABOVE EXPECTED PERFORMANCE; WOMEN’S BUSINESS CHALLENGING Coresight Research August 19, 2016 Executive Summary Ross Stores reported 2Q16 EPS of $0.71 and beat the consensus estimate of $0.67, and was up 13% from last year. The Midwest was one of the strongest performing regions, and the company plans further expansion there. Weakness in the ladies’ apparel business and rising labor costs are two headwinds for Ross Stores. The company slightly lowered its guidance for the fiscal year and guided for EPS of $2.69–$2.75 versus the prior guidance of $2.63–$2.72. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Head-to-Head in Global Discount Grocery Retailing: Aldi vs. LidlWhere Shoppers Live vs. Where They Shop: US Consumer Survey Insights ExtraThree Data Points We’re Watching This Week, Week 12: US Retail and Consumer LatestAI Underpins the Tech-Driven Shift in US Grocery, from Smarter Forecasting to Faster Checkout
