{"id":2428068,"date":"2026-05-22T14:12:34","date_gmt":"2026-05-22T14:12:34","guid":{"rendered":"https:\/\/celebrity.land\/en\/?p=2428068"},"modified":"2026-05-22T14:12:34","modified_gmt":"2026-05-22T14:12:34","slug":"imax-surges-on-report-its-approached-entertainment-companies-for-a-sale","status":"publish","type":"post","link":"https:\/\/celebrity.land\/en\/imax-surges-on-report-its-approached-entertainment-companies-for-a-sale\/","title":{"rendered":"Imax surges on report it\u2019s approached entertainment companies for a sale"},"content":{"rendered":"<p><\/p>\n<div><a rel=\"nofollow\" target=\"_blank\" class=\"css-g65o95\" href=\"https:\/\/sherwood.news\/markets\/ross-stores-surges-as-q1-results-beat-expectations-full-year-guidance-raised\/\"><\/p>\n<h2 class=\"css-1gqj7uj\"><span style=\"position:relative\">Ross Stores surges as Q1 results beat expectations, full-year guidance raised<\/span><\/h2>\n<p><\/a><\/p>\n<p class=\"css-14ve0pc\"><a rel=\"nofollow\" target=\"_blank\" class=\"inline-stock css-19ahucx\" href=\"https:\/\/robinhood.com\/us\/en\/stocks\/ROST\/?source=sherwood\"><span class=\"inline-stock-name\">Ross<\/span><\/a>  shares are rising after the company delivered strong Q1 results, with sales topping Wall Street\u2019s projections.<\/p>\n<p class=\"css-14ve0pc\">The stock soared 6.3% just after the open.<\/p>\n<p class=\"css-14ve0pc\"><b>Key numbers: <\/b><\/p>\n<ul class=\"css-oi70sa\">\n<li class=\"css-8msjg2\">\n<p class=\"css-14ve0pc\">Earnings per share of $2.02 vs. $1.47 year over year (estimate: $1.72).<\/p>\n<\/li>\n<li class=\"css-8msjg2\">\n<p class=\"css-14ve0pc\">Sales of $6.01 billion, up 21% year over year (estimate: $5.61 billion).<\/p>\n<\/li>\n<li class=\"css-8msjg2\">\n<p class=\"css-14ve0pc\">Comparable sales growth of 17% (estimate: 8.58%).<\/p>\n<\/li>\n<\/ul>\n<p class=\"css-14ve0pc\">CEO Jim Conroy attributed the results to better traffic in stores. \u201cCustomer traffic was the primary driver of the strong sales trend as compelling merchandise assortments, higher customer acquisition and engagement from our ongoing marketing initiatives, and an improved in\u2011store experience are resonating with shoppers.\u201d<\/p>\n<p class=\"css-14ve0pc\">The company also noted that transaction volume grew across all key demographics, including \u201cincome levels, ethnicities, and age groups, including younger customers.\u201d Sales were also likely buoyed by standard seasonal tailwinds, including consumer spending from tax refunds.<\/p>\n<p class=\"css-14ve0pc\">Backed by the strong quarter, the company lifted its full-year targets. Ross now projects same-store sales growth of 6% to 7%, up from the prior forecast of 3% to 4%, topping Wall Street\u2019s estimate of 4.64%. It boosted its annual EPS guidance to a range of $7.50 to $7.74, versus the prior outlook of $7.02 to $7.36.<\/p>\n<p class=\"css-14ve0pc\">Ross Stores has been one of the retail sector\u2019s standout performers this year, rising around 20% year to date as of Thursday\u2019s close. <\/p>\n<\/div>\n<p><em> \u2018 The preceding article may include information circulated by third parties \u2019 <\/em><\/p>\n<p><em> \u2018 Some details of this article were extracted from the following source sherwood.news \u2019 <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ross Stores surges as Q1 results beat expectations, full-year guidance raised Ross shares are rising after the company delivered strong Q1 results, with sales topping Wall Street\u2019s projections. The stock soared 6.3% just after the open. Key numbers: Earnings per share of $2.02 vs. $1.47 year over year (estimate: $1.72). Sales of $6.01 billion, up [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":2428069,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_jetpack_memberships_contains_paid_content":false,"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"footnotes":""},"categories":[25172],"tags":[],"class_list":["post-2428068","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-entertainment"],"jetpack_featured_media_url":"https:\/\/celebrity.land\/en\/wp-content\/uploads\/2026\/05\/Imax-surges-on-report-its-approached-entertainment-companies-for-a.jpeg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2428068","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/comments?post=2428068"}],"version-history":[{"count":1,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2428068\/revisions"}],"predecessor-version":[{"id":2428070,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2428068\/revisions\/2428070"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media\/2428069"}],"wp:attachment":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media?parent=2428068"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/categories?post=2428068"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/tags?post=2428068"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}