Ross Stores (NASDAQ:ROST) Updates Q2 2026 Earnings Guidance

Ross Stores (NASDAQ:ROST) updated its second quarter 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 1.850-1.930 for the period, compared to the consensus earnings per share estimate of 1.790. The company issued revenue guidance of -. Ross Stores also updated its FY 2026 guidance to 7.500-7.740 EPS.

Wall Street Analyst Weigh In

A number of research firms have weighed in on ROST. Guggenheim reiterated a “buy” rating and issued a $290.00 price target on shares of Ross Stores in a research report on Monday, April 27th. Sanford C. Bernstein reiterated a “market perform” rating and issued a $230.00 price target on shares of Ross Stores in a research report on Friday. Barclays upped their price target on shares of Ross Stores from $205.00 to $221.00 and gave the stock an “overweight” rating in a research report on Monday, March 2nd. Citigroup upped their price target on shares of Ross Stores from $261.00 to $270.00 and gave the stock a “buy” rating in a research report on Friday. Finally, UBS Group upped their price target on shares of Ross Stores from $227.00 to $232.00 and gave the stock a “neutral” rating in a research report on Friday. Sixteen equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $230.88.

Ross Stores Price Performance

Shares of NASDAQ:ROST opened at $234.81 on Friday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.04 and a current ratio of 1.58. The firm has a fifty day moving average price of $219.06 and a 200 day moving average price of $197.05. Ross Stores has a fifty-two week low of $124.49 and a fifty-two week high of $235.80. The firm has a market cap of $75.64 billion, a price-to-earnings ratio of 32.79, a P/E/G ratio of 2.87 and a beta of 0.87.

Ross Stores (NASDAQ:ROST) last issued its earnings results on Thursday, May 21st. The apparel retailer reported $2.02 earnings per share for the quarter, topping analysts’ consensus estimates of $1.73 by $0.29. Ross Stores had a net margin of 9.74% and a return on equity of 39.02%. The firm had revenue of $6.01 billion during the quarter, compared to analyst estimates of $5.64 billion. During the same quarter in the prior year, the business earned $1.47 earnings per share. Ross Stores’s revenue for the quarter was up 20.6% on a year-over-year basis. Ross Stores has set its FY 2026 guidance at 7.500-7.740 EPS and its Q2 2026 guidance at 1.850-1.930 EPS. As a group, sell-side analysts expect that Ross Stores will post 7.37 earnings per share for the current fiscal year.

Ross Stores Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th will be given a dividend of $0.445 per share. The ex-dividend date is Tuesday, June 9th. This represents a $1.78 dividend on an annualized basis and a dividend yield of 0.8%. Ross Stores’s dividend payout ratio is currently 26.93%.

Insider Buying and Selling

In related news, CMO Karen Sykes sold 5,506 shares of the company’s stock in a transaction on Wednesday, March 25th. The shares were sold at an average price of $213.40, for a total transaction of $1,174,980.40. Following the completion of the transaction, the chief marketing officer owned 104,648 shares in the company, valued at approximately $22,331,883.20. This represents a 5.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Patricia H. Mueller sold 1,881 shares of the company’s stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $213.13, for a total transaction of $400,897.53. Following the transaction, the director owned 2,159 shares of the company’s stock, valued at approximately $460,147.67. This represents a 46.56% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 25,756 shares of company stock worth $5,521,004. 2.10% of the stock is owned by insiders.

Trending Headlines about Ross Stores

Here are the key news stories impacting Ross Stores this week:

• Positive Sentiment: Ross Stores reported Q1 EPS of $2.02, easily topping estimates, while revenue of $6.01 billion also exceeded forecasts; same-store sales jumped 17% and revenue rose 20.6% year over year. Ross Stores Reports Robust First Quarter Sales and Earnings Results, Significantly Exceeding Guidance
• Positive Sentiment: The company raised full-year EPS guidance to $7.50-$7.74 and increased its comparable-sales outlook to 6%-7%, signaling continued momentum after a strong quarter. Ross Stores Lifts Outlook as Sales Jump
• Positive Sentiment: Analysts turned more bullish after the beat, with Citigroup lifting its price target to $270 and other firms raising forecasts, reinforcing the post-earnings rally. These Analysts Boost Their Forecasts On Ross Stores After Better-Than-Expected Q1 Results
• Positive Sentiment: Multiple market commentaries highlighted Ross Stores as a beneficiary of consumer demand for value and noted the stock hitting a 52-week high after the earnings release. Why Ross Stores Stock Climbed Today

Hedge Funds Weigh In On Ross Stores

Hedge funds and other institutional investors have recently modified their holdings of the stock. Virtus Advisers LLC purchased a new stake in Ross Stores during the fourth quarter valued at $32,000. Quarry LP raised its stake in Ross Stores by 1,124.0% during the fourth quarter. Quarry LP now owns 306 shares of the apparel retailer’s stock valued at $55,000 after purchasing an additional 281 shares in the last quarter. Kemnay Advisory Services Inc. purchased a new stake in Ross Stores during the fourth quarter valued at $60,000. Quattro Advisors LLC purchased a new stake in Ross Stores during the fourth quarter valued at $70,000. Finally, Johnson Financial Group Inc. raised its stake in Ross Stores by 189.1% during the fourth quarter. Johnson Financial Group Inc. now owns 396 shares of the apparel retailer’s stock valued at $71,000 after purchasing an additional 259 shares in the last quarter. Institutional investors own 86.86% of the company’s stock.

Ross Stores Company Profile

Ross Stores, Inc (NASDAQ: ROST) is an American off?price retailer headquartered in Dublin, California, that operates the Ross Dress for Less and dd’s DISCOUNTS store formats. The company sells a broad assortment of apparel, footwear, home fashions, accessories and other soft goods, positioning itself as a value-oriented destination for brand?name and fashion merchandise at reduced prices.

Ross’s business model centers on opportunistic buying of excess inventory, closeouts, cancelled orders and overstocks from manufacturers, department stores and other suppliers.