Investing.com -- Ross Stores Inc (NASDAQ:ROST) reported fourth-quarter earnings on Tuesday, beating Wall Street estimates, but shares fall more than 5% in extended trading as it issued a weaker-than-expected outlook for the current quarter and fiscal year.
The off-price retailer posted earnings per share of $1.79 for the quarter, surpassing analysts’ expectations of $1.65. Revenue came in at $5.91 billion, slightly below the consensus estimate of $5.94 billion.
Ross Stores expects earnings per share between $1.33 and $1.47, for the first quarter of fiscal 2026, missing analysts’ estimates of $1.54.
The company forecast full-year earnings in the range of $5.95 to $6.55 per share, below the consensus estimate of $6.72.
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