Glonghui, May 24 | US stocks of US low-cost department store ROST.US (ROST.US) rose 8.24% to $142.73 before the market. Ross Department Store's first-quarter sales were US$4.86 billion, up 8.1% year on year, with analysts' expectations of US$4.83 billion; earnings per share were US$1.46, up from US$1.09 in the same period last year, and analysts' expectations of US$1.36; operating margin was 12.2%, up from 10.1% in the same period last year, partly due to lower distribution and freight costs. The company expects earnings per share for the 2024 fiscal year to be $5.79 to $5.98, compared to the previous forecast of $5.64 to $5.89, and analysts' expectations of $5.94.
美股异动｜罗斯百货美股盘前涨超8% Q1业绩超预期并上调全年每股收益指引
Changes in US stocks | Ross Department Store's US stocks rose more than 8% before the market, Q1 performance exceeded expectations and raised annual earnings per share guidance
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