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

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

Ross Stores Price Performance

ROST stock traded down $5.70 during midday trading on Thursday, hitting $228.99. 4,775,468 shares of the stock were exchanged, compared to its average volume of 2,717,548. The stock’s 50-day moving average price is $234.03 and its 200-day moving average price is $221.46. The stock has a market cap of $73.46 billion, a price-to-earnings ratio of 31.98, a PEG ratio of 2.64 and a beta of 0.86. Ross Stores has a fifty-two week low of $143.39 and a fifty-two week high of $257.00. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.94 and a current ratio of 1.54.

Ross Stores (NASDAQ:ROST) last posted its earnings results on Thursday, May 21st. The apparel retailer reported $2.02 earnings per share for the quarter, beating the consensus estimate of $1.73 by $0.29. Ross Stores had a return on equity of 38.42% and a net margin of 9.74%.The company had revenue of $6.01 billion for the quarter, compared to analyst estimates of $5.64 billion. During the same quarter in the prior year, the company earned $1.47 earnings per share. Ross Stores’s revenue was up 20.6% compared to the same quarter last year. Research analysts predict that Ross Stores will post 7.78 earnings per share for the current year.

Ross Stores Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors 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 dividend yield of 0.8%. Ross Stores’s payout ratio is currently 24.86%.

Wall Street Analysts Forecast Growth

ROST has been the topic of a number of research reports. Truist Financial increased 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. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $230.00 price target on shares of Ross Stores in a report on Friday, May 22nd. UBS Group reissued a “buy” rating on shares of Ross Stores in a research note on Tuesday. Evercore restated an “outperform” rating and set a $276.00 price objective on shares of Ross Stores in a research report on Monday. Finally, Morgan Stanley set a $231.00 target price on Ross Stores in a research note on Wednesday, August 5th. Sixteen analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, Ross Stores currently has a consensus rating of “Moderate Buy” and an average price target of $244.76.

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

Institutional Investors Weigh In On Ross Stores

Several hedge funds have recently made changes to their positions in the business. Virtus Advisers LLC acquired a new position in shares of Ross Stores during the 4th quarter valued at about $32,000. Quarry LP grew its position 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 acquiring an additional 281 shares during the period. Kemnay Advisory Services Inc. acquired a new position in shares of Ross Stores in the 4th quarter valued at about $60,000. Quattro Advisors LLC acquired a new position in shares of Ross Stores during the 4th quarter valued at $70,000. Finally, Johnson Financial Group Inc. lifted its stake in shares of Ross Stores by 189.1% during the fourth quarter. Johnson Financial Group Inc. now owns 396 shares of the apparel retailer’s stock worth $71,000 after purchasing an additional 259 shares in the last quarter. Institutional investors and hedge funds own 86.86% of the company’s stock.

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.