Ross Stores Inc. reported mixed fourth-quarter fiscal 2024 financial results, with adjusted earnings per share (EPS) of $1.79, beating consensus estimates of $1.65. However, revenue of $5.91 billion fell short of the $5.96 billion estimate, reflecting a year-over-year decline of 1.84%. The company reported net income of $586.8 million and pretax profit of $770.8 million, while comparable sales increased by 3% year-over-year. The company also provided fiscal 2025 guidance, projecting EPS between $5.95 and $6.55, below analysts' expectations of $6.72. Same-store sales are expected to range from a 1% decline to a 2% increase. For the first quarter of fiscal 2025, Ross Stores anticipates EPS between $1.33 and $1.47, compared to the consensus estimate of $1.53. Additionally, Ross Stores announced a 10% increase in its quarterly dividend to 40.5 cents per share.