Overview
- Third-quarter EPS reached $1.58 on revenue of $5.6 billion, with comparable sales up 7% and operating margin at 11.6%.
- Ross raised Q4 EPS guidance to $1.77–$1.85 and full-year FY25 EPS to $6.38–$6.46, and it now expects Q4 comps to rise 3%–4%.
- Shares jumped roughly 7%–8% to an all-time high near $172–$173, making Ross one of the S&P 500’s top performers Friday.
- Analysts lifted targets broadly, including new $200 price objectives from BofA Securities and J.P. Morgan, with multiple firms reiterating positive ratings.
- Third‑party data indicate Q3 store visits rose about 9.4%, and Ross added 40 new locations across 17 states recently, with inflation and tariff uncertainty still flagged as risks.