From Financial Modeling Prep: 2025-05-23 15:56:00

Ross Stores (NASDAQ:ROST) stock fell 13% due to weak Q2 guidance, citing tariff costs and economic uncertainty. Q1 earnings per share were $1.47, beating estimates. Revenue rose 2.6% to $4.98 billion, slightly exceeding expectations. However, Q2 EPS forecast of $1.40 to $1.55 missed the $1.66 estimate, impacted by tariffs. Gross margin in Q2 expected to decline due to increased costs from China imports.



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