Ross Stores (ROST) to Announce Quarterly Earnings on Thursday

Ross Stores (NASDAQ:ROST) is expected to announce its Q2 2026 results after the market closes on Thursday, August 20th. Analysts expect the company to post earnings of $1.95 per share and revenue of $6.1609 billion for the quarter. 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. Parties can find conference call details on the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Thursday, August 20, 2026 at 4:15 PM ET.

Ross Stores (NASDAQ:ROST) last issued its 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. Ross Stores had a net margin of 9.74% and a return on equity of 38.42%. The firm had revenue of $6.01 billion for the quarter, compared to the consensus estimate of $5.64 billion. During the same quarter in the prior year, the firm posted $1.47 earnings per share. The business’s revenue was up 20.6% on a year-over-year basis. On average, analysts expect Ross Stores to post $8 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Ross Stores Trading Up 0.5%

NASDAQ:ROST opened at $236.38 on Wednesday. The stock has a market cap of $75.83 billion, a price-to-earnings ratio of 33.01, a PEG ratio of 2.74 and a beta of 0.86. The company has a quick ratio of 0.94, a current ratio of 1.54 and a debt-to-equity ratio of 0.12. The company’s 50 day moving average price is $233.98 and its 200-day moving average price is $221.12. Ross Stores has a 52 week low of $143.39 and a 52 week high of $257.00.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. 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, May 18th. Guggenheim reissued a “buy” rating and issued a $290.00 target price on shares of Ross Stores in a report on Monday, April 27th. Citigroup boosted their price target on Ross Stores from $261.00 to $270.00 and gave the stock a “buy” rating in a research note on Friday, May 22nd. Morgan Stanley set a $231.00 price target on Ross Stores in a research note on Wednesday, August 5th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and set a $270.00 price target on shares of Ross Stores in a report on Friday, May 22nd. Sixteen equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $244.76.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ROST. Virtus Advisers LLC bought a new stake in Ross Stores in the 4th quarter worth approximately $32,000. Quarry LP raised its stake in Ross Stores by 1,124.0% during the 4th quarter. Quarry LP now owns 306 shares of the apparel retailer’s stock valued at $55,000 after buying an additional 281 shares during the last quarter. Kemnay Advisory Services Inc. purchased a new stake in Ross Stores during the 4th quarter valued at $60,000. Quattro Advisors LLC bought a new position in shares of Ross Stores during the 4th quarter valued at $70,000. Finally, Johnson Financial Group Inc. lifted its holdings in shares of Ross Stores by 189.1% during the 4th quarter. Johnson Financial Group Inc. now owns 396 shares of the apparel retailer’s stock valued at $71,000 after buying an additional 259 shares during the period. 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.