JUMP REPORT
ROSS STORES (ROST)
EARNINGS RELEASE - AUGUST 20 (AMC)
EARNINGS EXPECTATIONS:
THIS QTR: EPS: -.26/share REV: 2,470/M
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NEXT QTR: EPS: .82/share REV: 3,630/M
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FULL YR: EPS: .91/share REV: 12,420/M
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LAST QTR: EPS: .03/share ACTUAL: -.87/share (MISS)
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BEAT/MISS RECORD: 66% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %) –5.16, -3.12, -3.02
EXPECTED JUMP MOVE THIS QUARTER: 8%
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*** With market volatility at extremes there is greater risk in trading these events which may not react as they would under normal market conditions. Please take extra caution before tradin
Links To Latest News and Headlines
If TJX, Burlington Stores, and Ross Stores can offer better value and compelling merchandise at a time when consumers are spending selectively on nonessentials, they can take market share even with retail’s challenging backdrop.
“We are disappointed with our lower-than-expected first quarter results,” the Dublin-based retailer’s CEO said.
The S&P 500 briefly slipped 20% from its all-time high in early January, officially pegging the broadest measure of U.S. stocks in bear market territory.
The S&P 500 and the Nasdaq logged their seventh straight week of losses, their longest losing streak since the end of the dotcom bubble in 2001. The Dow suffered its eighth consecutive weekly decline, its longest since 1932 during the Great Depression. Worries about surging inflation and rising interest rates have pummeled the U.S. stock market this year, with danger signals from Walmart Inc and other retailers this week adding to fears about the economy.
Wall Street ended mixed on Friday after a volatile session that saw Tesla slump and other growth stocks also lose ground. Worries about surging inflation and rising interest rates have pummeled the U.S. stock market this year, with danger signals from Walmart Inc and other retailers this week adding to fears about the economy. Wall Street opened stronger on Friday morning before turning sharply negative and adding to deep losses sustained earlier in the week.
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Avg Daily Volume: 3,244,403 Market Cap: 30.62B
Sector: Services Short Interest: 1.18
Ticker delayed 20 minutes
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