US Stocks Movement | Ross Dress for Less rises over 9% to a new high, Q4 earnings surpass expectations

2026-03-06 00:24:30

Ross Stores (ROST.US) opened with a 9.7% gain, reaching a high of $216.80 and hitting a new all-time high. On the news front, Ross Stores announced that its fourth-quarter sales reached a record $6.64 billion, surpassing market expectations of $6.4 billion; earnings per share were $2, also above the market forecast of $1.90. During the period, same-store sales increased by 9%, far exceeding the market expectation of 4.03%. Looking ahead, the company expects annual same-store sales growth of 3% to 4% in the new fiscal year, with the midpoint higher than analysts’ average forecast of 3.05%. (Gelonghui)

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