NASDAQ$ROST

Ross Stores Inc · Q2 2024 earnings

Q2 2024 earnings · · Investor relations

Briefing

ROST Q2 2024 — $5.3M revenue, 3.00 EPS

Company’s financial position as of August 3, 2024 and July 29, 2023, and the results of operations, comprehensive income, and stockholders’ equity for the three and six month periods e. Ross Stores Inc reported Q2 2024 results. Diluted EPS came in at $3.00. Net income of $1.0M. Headline numbers extracted from the Form 10-Q press release; narrative is light because this row was processed without an LLM call.

  • Revenue: $5.3M.
  • Diluted EPS: $3.00.
  • Net income: $1.0M.

Headline financials

Total Revenue

$5.29B

Previous: $4.93B+7.1%
EPS (adj)

$1.59

Previous: $1.32+20.5%
Capital Expenditures

-$334M

Previous: -$363M+8.2%
Free Cash Flow

$193M

Previous: $82.9M+133.4%
Net Income

$527M

Previous: $446M+18.1%
Operating Income

-$4.63B

Previous: -$4.38B-5.7%
Gross Profit

$1.5B

Previous: $1.37B+9.5%
Cash & Equivalents

$4.67B

Previous: $4.58B+1.8%
Total Assets

$14.7B

Previous: $14B+4.9%
Stock-Based Comp

$39.4M

Previous: $26.8M+47.1%

Revenue & EPS history

Ross Stores · Revenue · Quarterly

$5.29B

Q2 2024+7.1%vs Q2 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 Q2 2024

Historical avgQ2 2024

+0.7%

Avg return

Earnings day

+0.5%

Avg return

5 days after

+0.6%

Avg return

30 days after

63%

41 / 65 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
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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