NASDAQ$ROST

Ross Stores Inc · Q1 2024 earnings

Q1 2024 earnings · · Investor relations

Briefing

ROST Q1 2024 — $4.9M revenue, 4.00 EPS

Company’s financial position as of May 4, 2024 and April 29, 2023, and the results of operations, comprehensive income, stockholders’ equity, and cash flows, for the three month peri. Ross Stores Inc reported Q1 2024 results. Diluted EPS came in at $4.00. Net income of $488K. Headline numbers extracted from the Form 10-Q press release; narrative is light because this row was processed without an LLM call.

  • Revenue: $4.9M.
  • Diluted EPS: $4.00.
  • Net income: $488K.

Headline financials

Total Revenue

$4.86B

Previous: $4.49B+8.1%
EPS (adj)

$1.46

Previous: $1.09+33.9%
Capital Expenditures

-$136M

Previous: -$167M+18.5%
Free Cash Flow

$352M

Previous: $204M+72.5%
Net Income

$488M

Previous: $371M+31.5%
Operating Income

-$4.27B

Previous: -$4.04B-5.6%
Gross Profit

$1.37B

Previous: $1.2B+13.8%
Cash & Equivalents

$4.65B

Previous: $4.42B+5.4%
Total Assets

$14.5B

Previous: $13.6B+6.4%
Stock-Based Comp

$33.1M

Previous: $36.1M-8.3%

Revenue & EPS history

Ross Stores · Revenue · Quarterly

$4.86B

Q1 2024+8.1%vs Q1 2023
Beat estimate in 10 of 14 quarters(71%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2024

Historical avgQ1 2024

+0.8%

Avg return

Earnings day

+0.5%

Avg return

5 days after

+0.6%

Avg return

30 days after

64%

42 / 66 earnings

Positive

+11.8%

Q3 2017

Best reaction

-22.6%

Q1 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2027+2.3%+1.6%+1.3%
Q4 2025-0.6%+4.7%+8.7%
Q3 2025+5.4%+10.7%+13.7%
Q2 2025+1.1%+3.2%+0.4%
Q1 2025-9.7%-8.2%-16.1%
Q4 2024+2.0%-2.8%-4.2%
Q3 2024+4.9%+10.8%+7.1%
Q2 2024+0.8%-0.4%+0.2%
Q1 2024+8.1%+4.7%+13.5%
Q4 2023-1.2%-2.8%-6.8%
Q3 2023+3.9%+5.4%+8.0%
Q2 2023+3.0%+2.2%+2.6%
Q1 2023+0.9%-1.8%+3.9%
Q4 2022-0.2%+1.4%-7.0%
Q3 2022+11.5%+19.5%+18.1%
Q2 2022-2.0%-5.2%-2.8%
Q1 2022-22.6%-16.4%-19.4%
Q4 2021+4.0%-2.1%-1.0%
Q3 2021-3.2%-0.9%-7.3%
Q2 2021-0.7%-0.2%-7.6%
Q1 2021-1.5%-1.0%-7.9%
Q4 2020-7.9%-6.2%-0.0%
Q3 2020-2.1%+1.9%+5.7%
Q2 2020-3.4%+1.1%+2.2%
Q1 2020+3.3%+4.1%+2.7%
Q4 2019-2.2%-8.5%-29.1%
Q3 2019+1.0%+4.4%+4.3%
Q2 2019-2.6%-3.0%-0.9%
Q1 2019-1.9%-3.4%+10.0%
Q4 2018+0.9%-4.9%+4.1%
Q3 2018-10.5%-11.9%-15.4%
Q2 2018+1.8%+1.3%+4.4%
Q1 2018-6.4%-6.5%+4.1%
Q4 2017-3.3%-1.2%+2.3%
Q3 2017+11.8%+12.5%+17.6%
Q2 2017+8.6%+8.9%+11.7%
Q1 2017+1.1%+0.8%-2.3%
Q4 2016-3.4%-3.0%-3.7%
Q3 2016+6.5%+8.0%+8.9%
Q2 2016+4.4%+3.2%-0.6%
Q1 2016-3.4%
Q4 2015+5.0%
Q3 2015+9.5%
Q2 2015-10.2%
Q1 2015-3.9%
Q4 2014+7.5%
Q3 2014+8.7%
Q2 2014+6.4%
Q1 2014+1.1%
Q4 2013+1.5%
Q3 2013-6.9%
Q2 2013+3.4%
Q1 2013+1.0%
Q4 2012+5.4%
Q3 2012-2.5%
Q2 2012+1.4%
Q1 2012+1.1%
Q4 2011+2.3%
Q4 2009+2.3%
Q3 2010+1.0%
Q3 2011+1.0%
Q2 2011+0.3%
Q2 2010+0.3%
Q4 2010+5.3%
Q1 2011+5.3%
Q1 2010+5.3%

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