Ross Stores Inc (rust) Q1 2025 Yields Call Highlights: Navigate the growth in the middle of the challenges

• Total turnover: Rose by 3% to 5 billion US dollars.

• Comparable business sales: Flat against last year.

• Result per share (EPS): $ 1.47 compared to $ 1.46 in the previous year.

• Net income: 479 million US dollars compared to $ 488 million in the same period of 2024.

• Operating range: 12.2%, flat year over year.

• Consolidated inventory: Up 8% compared to last year.

• Average inventory: 4%in harmony with the plan.

• New shop openings: 16 New Ross and 3 DD division locations in the first quarter.

• Share buyback: Bought back 2 million shares for $ 263 million.

• Sales forecast in the second quarter: The total turnover was expected to increase by 2% to 6% compared to the previous year.

• EPS forecast in the second quarter: Provided that in the range of 1.40 to 1.55 US dollars.

• Prediction of the second quarter of the Marge: Provided in the range of 10.7% to 11.4%.

Appearance date: May 22, 2025

You can find the complete copy of the earnings call in the complete earnings call.

• Total turnover rose by 3% to 5 billion US dollars, whereby the profit per share increased slightly to $ 1.47 compared to $ 1.46 in the previous year.

• Cosmetics was the strongest area of ​​goods and the region in Southeast performed the best geographical performance.

• The discount brand of the DD continued its strong dynamics with solid sales and operating gains.

• Ross Stores Inc (Nasdaq: Rost) opened 16 new and 3 DD discount locations with plans for about 90 new shops this year in the first quarter.

• The company bought 2 million ordinary shares back for $ 263 million and remained on the right track to buy a total of 1.05 billion dollars back in 2025.

• The comparable business turnover was flat for the quarter, which points out that there was no growth in sales in the same business.

• The goods margin decreased by 45 basis points due to higher sea freight costs and the initial effects of tariffs.

• The operating range of 12.2% was flat a year compared to the previous year, which showed no improvement in profitability.

• The company is confronted with potential short -term pressure on profitability due to the increased tariff level for goods from China.

• Ross Stores Inc (Nasdaq: Rost) withdrew his previously provided annual guidelines, since too many unknown variables influence visibility in the second half of the financial year.

Q: Could you explain the drivers of the strong improvement in the COMPS in the first quarter and what you saw in May in relation to the flat-to-3% C-Comp view outlook in May? A: James Conroy, CEO: The sequential improvement is based on the goods hierarchy in the goods. Most departments fell well in April. We have led to an apartment to an plus 3% componement, which indicates our trust in the health of the company.