Ross Stores (NASDAQ:ROST) Issues FY 2026 Earnings Guidance

Ross Stores (NASDAQ:ROST) updated its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 8.610-8.770 for the period, compared to the consensus earnings per share estimate of 7.310. The company issued revenue guidance of -. Ross Stores also updated its Q3 2026 guidance to 1.750-1.830 EPS.

Analysts Set New Price Targets

Several equities analysts have weighed in on the company. Zacks Research downgraded Ross Stores from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 4th. Truist Financial raised their price objective on shares of Ross Stores from $270.00 to $290.00 and gave the company a “buy” rating in a research note on Friday, May 22nd. Wall Street Zen lowered shares of Ross Stores from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 20th. Guggenheim restated a “buy” rating and issued a $290.00 price objective on shares of Ross Stores in a report on Monday, April 27th. Finally, UBS Group reaffirmed a “buy” rating on shares of Ross Stores in a research note on Tuesday. Sixteen equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Ross Stores has an average rating of “Moderate Buy” and an average price target of $244.76.

Ross Stores Stock Performance

Shares of NASDAQ ROST traded down $5.70 during midday trading on Thursday, reaching $228.99. 4,775,468 shares of the company were exchanged, compared to its average volume of 2,717,548. The stock has a market cap of $73.46 billion, a P/E ratio of 31.98, a PEG ratio of 2.64 and a beta of 0.86. The company has a current ratio of 1.54, a quick ratio of 0.94 and a debt-to-equity ratio of 0.12. The stock has a fifty day simple moving average of $234.03 and a 200 day simple moving average of $221.46. Ross Stores has a 1 year low of $143.39 and a 1 year high of $257.00.

Ross Stores (NASDAQ:ROST) last posted its quarterly earnings results on Thursday, May 21st. The apparel retailer reported $2.02 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.73 by $0.29. The firm had revenue of $6.01 billion during the quarter, compared to analysts’ expectations of $5.64 billion. Ross Stores had a net margin of 9.74% and a return on equity of 38.42%. The firm’s revenue for the quarter was up 20.6% on a year-over-year basis. During the same period in the prior year, the company posted $1.47 earnings per share. On average, research analysts forecast that Ross Stores will post 7.78 earnings per share for the current fiscal year.

Ross Stores Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 8th will be given a $0.445 dividend. The ex-dividend date is Tuesday, September 8th. This represents a $1.78 annualized dividend and a yield of 0.8%. Ross Stores’s dividend payout ratio is presently 24.86%.

Trending Headlines about Ross Stores

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

• Positive Sentiment: Ross Stores’ first-quarter performance provided a strong foundation, with the company posting its strongest comparable-store sales growth in its 40-year history. Investors are looking for evidence that the momentum is continuing into the second quarter. Live: Will Ross Crush Q2 Earnings Tonight After Its Record Q1?
• Positive Sentiment: The board declared a regular quarterly dividend of $0.445 per share, payable September 30 to shareholders of record September 8. The dividend supports investor returns, although the annualized yield is modest at approximately 0.8%. Ross Stores Announces Quarterly Dividend
• Neutral Sentiment: Analysts generally expect second-quarter earnings per share of roughly $1.94–$1.95 and revenue of about $6.15–$6.16 billion. The company also opened 47 new stores, highlighting ongoing expansion. Ross Stores Earnings Preview
• Negative Sentiment: Shares were trading near their 52-week high before the report, leaving less room for disappointment. Options markets implied a potential move of about 6.94% around earnings, signaling elevated volatility and concern that results or guidance may not exceed already-optimistic expectations. Retail Earnings Implied Moves

Hedge Funds Weigh In On Ross Stores

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Compound Planning Inc. increased its holdings in shares of Ross Stores by 22.0% in the 4th quarter. Compound Planning Inc. now owns 2,785 shares of the apparel retailer’s stock valued at $502,000 after purchasing an additional 502 shares in the last quarter. Invesco Ltd. boosted its holdings in Ross Stores by 1.5% during the fourth quarter. Invesco Ltd. now owns 4,726,610 shares of the apparel retailer’s stock worth $851,451,000 after buying an additional 70,678 shares in the last quarter. Axxcess Wealth Management LLC acquired a new position in Ross Stores during the fourth quarter worth about $239,000. Corient Private Wealth LLC grew its position in Ross Stores by 37.1% during the fourth quarter. Corient Private Wealth LLC now owns 72,620 shares of the apparel retailer’s stock worth $13,082,000 after buying an additional 19,669 shares during the period. Finally, Mercer Global Advisors Inc. ADV increased its holdings in Ross Stores by 26.2% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 57,271 shares of the apparel retailer’s stock valued at $10,317,000 after buying an additional 11,894 shares in the last quarter. 86.86% of the stock is owned by institutional investors and hedge funds.

About Ross Stores

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.