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

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

Wall Street Analyst Weigh In

A number of research analysts have commented on ROST shares. The Goldman Sachs Group reiterated a “buy” rating and set a $270.00 price objective on shares of Ross Stores in a research note on Friday, May 22nd. Wells Fargo & Company lowered shares of Ross Stores from an “overweight” rating to an “equal weight” rating and set a $245.00 target price on the stock. in a research note on Tuesday, June 23rd. Morgan Stanley set a $231.00 price objective on Ross Stores in a report on Wednesday, August 5th. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $230.00 target price on shares of Ross Stores in a report on Friday, May 22nd. Finally, Guggenheim reissued a “buy” rating and set a $290.00 price target on shares of Ross Stores in a research report on Monday, April 27th. Sixteen analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Ross Stores currently has an average rating of “Moderate Buy” and an average target price of $244.76.

Ross Stores Stock Performance

NASDAQ ROST traded down $5.70 during trading hours on Thursday, reaching $228.99. The company’s stock had a trading volume of 4,893,380 shares, compared to its average volume of 2,717,548. 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 business has a 50-day simple moving average of $234.03 and a 200 day simple moving average of $221.46. Ross Stores has a 52 week low of $143.39 and a 52 week high of $257.00. The stock has a market cap of $73.46 billion, a PE ratio of 31.98, a PEG ratio of 2.64 and a beta of 0.86.

Ross Stores (NASDAQ:ROST) last issued its quarterly earnings data on Thursday, August 20th. The apparel retailer reported $2.06 EPS for the quarter, topping analysts’ consensus estimates of $1.94 by $0.12. Ross Stores had a return on equity of 38.42% and a net margin of 9.74%. Equities research analysts predict that Ross Stores will post 7.78 earnings per share for the current fiscal year.

Ross Stores Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 8th will be issued a dividend of $0.445 per share. This represents a $1.78 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Tuesday, September 8th. Ross Stores’s payout ratio is 24.86%.

Key Ross Stores News

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 Trading of Ross Stores

Several hedge funds have recently added to or reduced their stakes in ROST. Parkside Financial Bank & Trust boosted its position in Ross Stores by 2.5% during the 4th quarter. Parkside Financial Bank & Trust now owns 2,448 shares of the apparel retailer’s stock worth $441,000 after acquiring an additional 59 shares during the period. Great Lakes Advisors LLC grew its stake in shares of Ross Stores by 3.0% in the fourth quarter. Great Lakes Advisors LLC now owns 2,205 shares of the apparel retailer’s stock worth $397,000 after purchasing an additional 64 shares in the last quarter. Haverford Trust Co increased its holdings in shares of Ross Stores by 16.7% during the fourth quarter. Haverford Trust Co now owns 672 shares of the apparel retailer’s stock valued at $121,000 after purchasing an additional 96 shares during the period. L2 Asset Management LLC increased its holdings in shares of Ross Stores by 6.6% during the fourth quarter. L2 Asset Management LLC now owns 1,604 shares of the apparel retailer’s stock valued at $289,000 after purchasing an additional 100 shares during the period. Finally, Geneos Wealth Management Inc. raised its stake in shares of Ross Stores by 23.5% during the first quarter. Geneos Wealth Management Inc. now owns 615 shares of the apparel retailer’s stock valued at $79,000 after purchasing an additional 117 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.