ROSS STORES (ROST)
EARNINGS RELEASE - AUGUST 20 (AMC)
EARNINGS EXPECTATIONS:
THIS QTR: EPS: -.26/share REV: 2,470/M
___________________________________________________________
NEXT QTR: EPS: .82/share REV: 3,630/M
____________________________________________________________
FULL YR: EPS: .91/share REV: 12,420/M
____________________________________________________________
LAST QTR: EPS: .03/share ACTUAL: -.87/share (MISS)
____________________________________________________________
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%
——–
*** 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
DG vs. ROST: Which Stock Is the Better Value Option?
Ross Stores (ROST) opens 30 stores across 11 states in the United States in order to increase penetration in the existing as well as new markets.
All three major indices closed in the red on Monday as the markets saw a large sell-off with all the mega cap stocks leading the market decline. Loreen Gilbert, WealthWise Financial CEO, and Kevin Simpson, Capital Wealth Planning Founder & Chief Investment Officer, join Yahoo Finance’s Jared Blikre and Seana Smith discuss the latest.
Ross Stores Inc. said Monday that it opened 30 stores in 11 states in June and July, 22 Ross locations and eight dd’s Discount stores. The retailer’s goal is to launch 60 locations in fiscal 2021, 40 Ross stores and 20 dd’s Discounts. The company currently has 1,896 locations in 40 states, Washington D.C., and Guam. Ross stock is down 2.7% for the year to date while the S&P 500 index has gained 15.2% for the period.
Ross Stores recently opened 22 Ross Dress for Less® (“Ross”) and eight dd’s DISCOUNTS® stores across 11 different states in June and July. These new locations are part of the Company’s plans to add approximately 60 new stores – 40 Ross and 20 dd’s DISCOUNTS – during fiscal 2021.
StockJumpers analysis and trade plans are finalized and uploaded generally one house before market cloase (3PM EST) for most events unless noticed.
“I’m sorry, this content is for members only. To access this content, you must log in with your membership credentials – OR if you are not a member yet, visit our registration page here and get signed up Looking forward to having you on-board ASAP”
There is a significant amount of data behind the scenes involved in the analysis and trade plan tab above, that does not get put into the report. Too much information for traders often confuses things – so this is stripped down to only what is needed to make the best possible decision(s) on trading the trajectory.
Members who are too busy to manual trade can use Trade Assist. For more information visit here
Avg Daily Volume: 3,244,403 Market Cap: 30.62B
Sector: Services Short Interest: 1.18
Ticker delayed 20 minutes
NOTICE: All material on this site has been published for informational and educational purposes only and does not constitute an offer to sell nor a solicitation of an offer to buy any security which may be referenced here or in our websites. StockJumpers is not an Investment Adviser and relies on the publisher’s exemption as defined in Section 401(f) of the Uniform Securities Act, and provides no personal advice or recommendations. The services and published information contained herein is for non-commercial, educational use and display. StockJumpers and any of its affiliates does not represent that the securities or services discussed are suitable for any investor. You should assume that StockJumpers and or its management has or will take a position in the stock, whether it is stated or not. You are further advised not to rely on any information contained in this report and associated websites in the process of making a fully informed investment decision. Trading is risky and you can lose your investment. For the complete risk disclosure and other legal information please review the full Terms of Use Agreement.
by Team Stockjumpers