Ross Stores — Nov 21, 2024 release
Fiscal 2025 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000745732-24-000059
Showing in the filing
Earnings Per Share
“$1.57 to $1.64”
Period
Q4 FY2024
Measure
GAAP-tied
Source
Guidance table
All guidance in this release · 5
Stock repurchase for FY2024
“a total of $1.05 billion in common stock”
Comparable Store Sales for Q4 FY2024
“increase 2% to 3%”
Earnings Per Share for Q4 FY2024
“$1.57 to $1.64”
Earnings Per Share for FY2025
“$6.10 to $6.17”
Earnings Per Share for FY2024
“$6.10 to $6.17”
Exhibit 99.1 · the passage around this item
… earlier in the release
5130 Hacienda Drive, Dublin, CA 94568 (925) 965-4400 Fourth Quarter and Fiscal 2024 Guidance Looking ahead, Ms. Rentler said, “For the 13 weeks ending February 1, 2025, we continue to project comparable store sales to increase 2% to 3%. Earnings per share for the fourth quarter are planned to be in the range of $1.57 to $1.64, compared to $1.82 for the 14 weeks ended February 3, 2024. This guidance range includes an unfavorable impact of approximately $0.03 per share primarily from the timing of packaway-related expenses that benefited the third quarter. Based on our year-to-date results and fourth quarter forecast, earnings per share for the 52 weeks ending February 1, 2025 are now expected to be in the range of $6.10 to $6.17 versus $5.56 last year. As a reminder, both the 2023 fourth quarter and full year results included an approximate $0.20 earnings per share benefit from the 53rd week.” Ms. Rentler concluded, “We remain confident that our ongoing focus and commitment to delivering the most compelling values possible will enable us to maximize our potential for profitable growth now and in the future.” The Company will host a conference call on Thursday, November 21, 2024 at 4:15 p.m. Eastern time to provide additional details concerning its third quarter results and management’s outlook for the remainder of the year. A real-time audio webcast of the conference call will be available in the Investors section of the Company’s website, located at www.rossstores.com. An audio playback will be availab
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.