Ross Stores (ROST) reported earnings on Fri 18 Aug17 (b/o)

** charts before earnings **

 

** charts after earnings **

Ross Stores beats by $0.05, beats on revs; guides Q3 EPS in-line; guides Q4 (Jan) EPS in-line

• Reports Q2 (Jul) earnings of $0.82 per share, excluding non-recurring items, $0.05 better than the Capital IQ Consensus of $0.77; revenues rose 7.9% year/year to $3.43 bln vs the $3.37 bln Capital IQ Consensus; comps +4%
• Co issues in-line guidance for Q3, sees EPS of $0.64-0.67, excluding non-recurring items, vs. $0.67 Capital IQ Consensus Estimate; sees comps +1-2%
• Co issues in-line guidance for Q4 (Jan), sees EPS of $0.88-0.92, excluding non-recurring items, vs. $0.91 Capital IQ Consensus Estimate; sees comps -1.2%