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

Ross Stores (NASDAQ:ROST) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 7.500-7.740 for the period, compared to the consensus EPS estimate of 7.310. The company issued revenue guidance of -. Ross Stores also updated its Q2 2026 guidance to 1.850-1.930 EPS.

Ross Stores Price Performance

Ross Stores stock traded down $0.58 during midday trading on Thursday, reaching $217.21. 2,360,560 shares of the stock traded hands, compared to its average volume of 2,543,277. The stock’s fifty day moving average is $218.54 and its 200-day moving average is $196.37. Ross Stores has a 12 month low of $124.49 and a 12 month high of $231.16. The stock has a market cap of $69.97 billion, a P/E ratio of 32.86, a PEG ratio of 2.81 and a beta of 0.87. The company has a quick ratio of 1.04, a current ratio of 1.58 and a debt-to-equity ratio of 0.16.

Ross Stores (NASDAQ:ROST) last announced its quarterly earnings results on Thursday, May 21st. The apparel retailer reported $2.02 EPS for the quarter, beating analysts’ consensus estimates of $1.70 by $0.32. Ross Stores had a return on equity of 36.70% and a net margin of 9.43%.The company had revenue of $6.01 billion during the quarter, compared to analyst estimates of $5.64 billion. 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, equities research analysts anticipate that Ross Stores will post 7.37 EPS for the current year.

Ross Stores Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders 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 yield of 0.8%. Ross Stores’s dividend payout ratio is 26.93%.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on ROST shares. JPMorgan Chase & Co. upped their price objective on Ross Stores from $248.00 to $251.00 and gave the company an “overweight” rating in a research report on Monday. Guggenheim restated a “buy” rating and set a $290.00 price objective on shares of Ross Stores in a research report on Monday, April 27th. Zacks Research downgraded Ross Stores from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 2nd. Sanford C. Bernstein set a $200.00 price objective on Ross Stores in a research report on Wednesday, March 4th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Ross Stores in a research report on Wednesday, April 8th. Seventeen investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $218.56.

Insider Transactions at Ross Stores

In other news, CMO Karen Sykes sold 5,506 shares of the stock in a transaction that occurred on Wednesday, March 25th. The stock was sold at an average price of $213.40, for a total value of $1,174,980.40. Following the sale, the chief marketing officer directly 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 filing with the SEC, which can be accessed through the SEC website. Also, Director Patricia H. Mueller sold 1,881 shares of the firm’s stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $213.13, for a total value of $400,897.53. Following the transaction, the director owned 2,159 shares in the company, valued at $460,147.67. The trade was a 46.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 25,756 shares of company stock worth $5,521,004. 2.10% of the stock is currently owned by company insiders.

Key Stories Impacting Ross Stores

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

• Positive Sentiment: Ross Stores reported Q1 EPS of $2.02, topping estimates of $1.70, and revenue of $6.01 billion versus expectations of $5.64 billion, highlighting a significant beat on both profit and sales. Article Title
• Positive Sentiment: The company raised second-quarter 2026 EPS guidance to $1.85-$1.93, above the consensus estimate of $1.79, suggesting management sees continued momentum. Article Title
• Positive Sentiment: Ross Stores also lifted fiscal 2026 EPS guidance to $7.50-$7.74, ahead of the Street’s $7.31 estimate, reinforcing a favorable earnings outlook. Article Title
• Neutral Sentiment: The company declared a quarterly dividend of $0.445 per share, which supports the investment case but is unlikely to be the main driver of the stock move. Article Title
• Neutral Sentiment: Some commentary still flags tariff risks as a potential headwind, which could temper optimism if costs rise or margins come under pressure. Article Title

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of ROST. Marshall Wace LLP boosted its position in shares of Ross Stores by 1,908.8% in the 3rd quarter. Marshall Wace LLP now owns 1,816,763 shares of the apparel retailer’s stock worth $276,857,000 after purchasing an additional 1,726,324 shares in the last quarter. Bank of America Corp DE boosted its position in shares of Ross Stores by 20.9% in the 2nd quarter. Bank of America Corp DE now owns 9,582,401 shares of the apparel retailer’s stock worth $1,222,523,000 after purchasing an additional 1,657,008 shares in the last quarter. Viking Global Investors LP boosted its position in shares of Ross Stores by 56.5% in the 4th quarter. Viking Global Investors LP now owns 3,167,479 shares of the apparel retailer’s stock worth $570,590,000 after purchasing an additional 1,143,611 shares in the last quarter. Bank of Montreal Can boosted its position in shares of Ross Stores by 357.4% in the 4th quarter. Bank of Montreal Can now owns 1,451,569 shares of the apparel retailer’s stock worth $261,486,000 after purchasing an additional 1,134,186 shares in the last quarter. Finally, Scopus Asset Management L.P. acquired a new stake in shares of Ross Stores in the 2nd quarter worth $102,281,000. 86.86% of the stock is currently owned by hedge funds and other institutional investors.

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.