Futures
Hundreds of contracts settled in USDT or BTC
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Futures Kickoff
Get prepared for your futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to experience risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
US Stock Movement | Ross Stores(ROST.US) Gains Over 7% Before Market Open, Annual Earnings Guidance Surpasses Expectations
Rost Goods (ROST.US) stock rose more than 7% in pre-market trading on Wednesday, trading at $211.80. According to reports, Rost Goods announced strong Q4 earnings and forecasted that its annual sales will surpass Wall Street expectations.
The earnings report showed that same-store sales increased by 9% in the fourth quarter, far exceeding analysts’ forecast of 4.03%; quarterly earnings per share reached $2.00, also higher than the market expectation of $1.90; sales hit a record high of $6.64 billion, surpassing the market forecast of $6.4 billion. Looking ahead, the company expects the annual same-store sales growth rate for the new fiscal year to be between 3% and 4%, with the midpoint exceeding analysts’ average expectation of 3.05%.
In a statement on Tuesday, Rost Goods said, “We are encouraged by our strong business performance and confident in the strategic priorities set for this year.” CEO Jim Conroy stated, “With a healthy balance sheet, disciplined execution, and a clear focus on delivering exceptional value to customers, we believe the company is well-positioned to capture more market share and drive sustainable profit growth over the coming year and beyond.”