Ross Stores

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Our AI found unexpected things about Ross Stores.

Are looking for the most relevant information about Ross Stores? Investor spend a lot of time searching for information to make investment decisions in Ross Stores. This task is often burdensome and consumes huge amounts of free time. It also leads to mistakes due to fatigue and bounded rationality. As a solution, we programmed an artificial intelligence that reads the whole internet and the uses natural language processing and vectorizers to summarize the information. Usually, the AI reads several hundred pages and summarize it to a short document. This document presents our results. We found that the most common words in the internet about Ross Stores are: Ross, Stores, share, post, expect, year, store, and the most common words in the summary are: store, ross, stock, news, market, earnings, job, . One of the sentences in the summary was: Ross Stores posts 19% year-over-year EPS growth and 7% revenue gains …

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Stock Summary

Ross Stores, Inc. operates off-price retail apparel and home fashion stores under the Ross Dress for Less and dd's DISCOUNTS brand names. Ross Dress For Less stores sell its products at department and specialty stores primarily to middle.

Today's Summary

Ross Stores posts 19% year-over-year EPS growth and 7% revenue gains for the second quarter. Ross Stores declares $0.335 dividend. CEO Barbara Rentler: Ross Stores is a player in this evolving retail.

Today's News

Ross Stores Inc. posted 19% year-over-year EPS growth and 7% revenue gains for the second quarter. Ross Stores declares $0.335 dividend. CEO Barbara Rentler: Ross Stores is a player in this evolving retail landscape. Ross Stores shares jumped after the discount retailer posted earnings that were better than expected and raised guidance. Farfetch Limited (NYSE: FTCH) stock tanked after luxury fashion e-commerce retailer p Investopedia Bargain-Hunting Drives Quarterly Gain For Discount Retailer. Ross Stores expects 2023 same-store sales to rise 2% to 3%, compared with its prior expectations of sales being relatively flat. Ross Stores posted second-quarter profit per share of $1.32, topping analysts average estimate of $ 1.16 per share. The firm also recently disclosed a quarterly dividend, which will be paid on Friday. Ross Stores trading up 5.0 %. The stock has a market capitalization of $40.61 billion, a PE ratio of 26.32. Ross Stores (NASDAQ:ROST) reported results ahead of analysts expectations in Q2 FY2023, with revenue up 7.68% year on year to $4.93 billion. Ross Stores made a GAAP profit of $446.3 million. Ross Stores, Inc. has opened 27 stores across 14 states in both existing and new markets. Ross Dress for Less stores sell its products at department and specialty stores primarily to middle income households; and dds DISCOUNTS. Ross Stores expects full-year earnings to be $5.5 to $26 per share per year. Ross Stores recently opened 18 Ross Dress for Less® and nine dds DISCOUNTS® stores. Ross Stores bulls will hope to hear the company announce theyve not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter. Shares of Ross Stores were trading at $114.01 as of August. Ross Stores posted net income of $818m in H1 FY2023, up from $723m a year ago. Ross Stores expects full-year earnings to be $5.15 to $5.26 per share. The company is optimistic about its future prospects.

Stock Profile

"Ross Stores, Inc., together with its subsidiaries, operates off-price retail apparel and home fashion stores under the Ross Dress for Less and dd's DISCOUNTS brand names in the United States. Its stores primarily offer apparel, accessories, footwear, and home fashions. The company's Ross Dress for Less stores sell its products at department and specialty stores primarily to middle income households; and dd's DISCOUNTS stores sell its products at department and discount stores for households with moderate income. Ross Stores, Inc. was incorporated in 1957 and is headquartered in Dublin, California."

Keywords

This document will help you to evaluate Ross Stores without reading an infinite amount of sources. Relying only on stock quotes or prices to make investment decisions is a mistake. Analyzing and observing stock charts, highs and lows and other numerical data does not allow to evaluate the real value of a company. Stock quotes and prices are the result of underlying characteristics of a company and of events and news happening around them. For this reason, investing must be based on information, not numbers. As a solution, we programmed an artificial intelligence that reads the whole internet and the uses natural language processing and vectorizers to summarize the information. Usually, the AI reads several hundred pages and summarize it to a short document. This document presents our results. We found that the most common words in the internet about Ross Stores are: Ross, Stores, share, post, expect, year, store, and the most common words in the summary are: store, ross, stock, news, market, earnings, job, . One of the sentences in the summary was: Ross Stores posts 19% year-over-year EPS growth and 7% revenue gains for the second quarter. Other searches related to this term that the AI found were: stockmarketlive, livestock, stockmarketforbeginners, thestockmarket, stockmarkettoday, stockmarkettrading, stockmarketstocks, todaystockmarket, thestockmarket, marketnews, stockmarketnews, whatisstockmarket, usstockmarket, stockmarketopen. #store #ross #stock #news #market #earnings #job.

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