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Ross Stores — Mar 4, 2025 release

Fiscal 2025 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000745732-25-000007
Open on SEC.gov ↗
Showing in the filing
Same store sales
“down 1% to up 2%”
Period
FY2026
Measure
Company-defined measure
Source
Prose
All guidance in this release · 6
Share repurchases for FY2025
“$1.05 billion remaining under this authorization”
Quarterly cash dividend for FY2025
“$0.405 per share”
Comparable Store Sales for Q1 FY2025
“down 3% to flat”
Earnings Per Share for Q1 FY2025
“$1.33 to $1.47”
Same store sales for FY2026
“down 1% to up 2%”
Earnings per share for FY2026
“$5.95 to $6.55”
Exhibit 99.1 · the passage around this item
… earlier in the release
If sales perform in line with this plan, earnings per share are projected to be $1.33 to $1.47, compared to $1.46 in the first quarter ended May 4, 2024.” Mr. Conroy added, “For the 52 weeks ending January 31, 2026, while we hope to do better, we are planning same store sales of down 1% to up 2% on top of a 3% gain in 2024. Based on these assumptions, fiscal 2025 earnings per share are projected to be $5.95 to $6.55 compared to $6.32 for the fiscal year ended February 1, 2025. As previously mentioned, fiscal 2024 results included a per share benefit of $0.14 from the facility sale.” 2 Mr. Conroy concluded, “We have an incredibly talented and dedicated team at Ross with deep-rooted off-price experience that helped deliver solid results in 2024. As we move forward, we believe that some of the recent challenges we are seeing could be transitory in nature. As we continue to navigate through a difficult external environment, we will search for opportunities to drive the business and to carefully manage what we can control.” The Company will host a conference call on Tuesday, March 4, 2025 at 4:15 p.m. Eastern time to provide additional details concerning its fourth quarter and fiscal year 2024 results, and management’s outlook for fiscal 2025. 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 available at 201-612-7415, PIN #13751804 until 8:00 p.m. East
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.