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

Posted by John Perry on May 22nd, 2026

Ross Stores (NASDAQ:ROST – Get Free Report) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 7.500-7.740 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 Q2 2026 guidance to 1.850-1.930 EPS.

Analyst Ratings Changes

Several equities analysts have recently commented on the stock. Telsey Advisory Group restated an “outperform” rating and set a $240.00 price target on shares of Ross Stores in a report on Thursday, March 26th. Wells Fargo & Company restated an “overweight” rating on shares of Ross Stores in a report on Friday. The Goldman Sachs Group boosted their price target on shares of Ross Stores from $214.00 to $244.00 and gave the company a “buy” rating in a report on Wednesday, March 4th. Citigroup boosted their price target on shares of Ross Stores from $240.00 to $261.00 and gave the company a “buy” rating in a report on Tuesday, May 12th. Finally, Guggenheim restated a “buy” rating and set a $290.00 price target on shares of Ross Stores in a report on Monday, April 27th. Seventeen investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $218.56.

View Our Latest Analysis on Ross Stores

Ross Stores Trading Down 0.3%

Shares of NASDAQ:ROST opened at $217.19 on Friday. The stock has a market capitalization of $69.97 billion, a PE ratio of 32.86, a P/E/G ratio of 2.88 and a beta of 0.87. Ross Stores has a 1 year low of $124.49 and a 1 year high of $231.16. The firm has a fifty day moving average price of $218.62 and a 200 day moving average price of $196.78. The company has a current ratio of 1.58, a quick ratio of 1.04 and a debt-to-equity ratio of 0.16.

Ross Stores (NASDAQ:ROST – Get Free Report) last released its earnings results on Thursday, May 21st. The apparel retailer reported $2.02 earnings per share for the quarter, topping analysts’ consensus estimates of $1.73 by $0.29. The firm had revenue of $6.01 billion during the quarter, compared to analyst estimates of $5.64 billion. Ross Stores had a net margin of 9.43% and a return on equity of 36.70%. The business’s revenue was up 20.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.47 EPS. 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. Analysts expect that Ross Stores will post 7.37 EPS for the current fiscal year.

Ross Stores Dividend Announcement

The company also recently announced 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 of this dividend is Tuesday, June 9th. This represents a $1.78 dividend on an annualized basis and a yield of 0.8%. Ross Stores’s payout ratio is currently 26.93%.

Insiders Place Their Bets

In other Ross Stores news, CMO Karen Sykes sold 5,506 shares of the business’s stock in a transaction on Wednesday, March 25th. The shares were sold at an average price of $213.40, for a total transaction of $1,174,980.40. Following the completion of the transaction, the chief marketing officer owned 104,648 shares of the company’s stock, valued at $22,331,883.20. The trade was a 5.00% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Michael J. Hartshorn sold 15,813 shares of the business’s stock in a transaction on Wednesday, March 25th. The stock was sold at an average price of $214.91, for a total transaction of $3,398,371.83. Following the transaction, the chief operating officer directly owned 116,028 shares of the company’s stock, valued at approximately $24,935,577.48. This represents a 11.99% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 25,756 shares of company stock valued at $5,521,004 in the last quarter. Insiders own 2.10% of the company’s stock.

Key Ross Stores News

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

Positive Sentiment: Ross Stores beat Q1 expectations, reporting EPS of $2.02 versus estimates around $1.73 and revenue of $6.01 billion versus $5.64 billion expected, signaling strong demand and execution. Ross Stores Reports Robust First Quarter Sales and Earnings Results, Significantly Exceeding Guidance
Positive Sentiment: Management raised full-year guidance, including FY2026 EPS of $7.50 to $7.74 and comparable sales growth of 6% to 7%, both above prior expectations, which supports the stock’s move. Ross Stores Lifts Outlook as Sales Jump
Positive Sentiment: Analysts remained constructive after the quarter, with William Blair reiterating a Buy rating and citing margin expansion and structural comp drivers. Dylan Carden Reiterates Buy on Ross Stores After Strong Q1 Beat, Margin Expansion, and Structural Comp Drivers
Neutral Sentiment: Investor commentary noted that Ross Stores had an excellent quarter, but tougher year-over-year comparisons may slow momentum later in the year. Ross Stores: Q1 Was A Great Quarter, But There Are Tougher Comps Ahead
Negative Sentiment: Broader retail commentary flagged tariff risks and cautious consumer spending trends, which could pressure off-price retailers if conditions soften. Ross Stores Balances Solid Quarter With Tariff Risks

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in ROST. Woodline Partners LP raised its position in Ross Stores by 39.9% in the first quarter. Woodline Partners LP now owns 27,875 shares of the apparel retailer’s stock worth $3,562,000 after purchasing an additional 7,951 shares in the last quarter. Geneos Wealth Management Inc. grew 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 during the last quarter. NewEdge Advisors LLC boosted its stake in Ross Stores by 35.8% in the second quarter. NewEdge Advisors LLC now owns 10,581 shares of the apparel retailer’s stock valued at $1,350,000 after acquiring an additional 2,792 shares during the last quarter. Treasurer of the State of North Carolina boosted its stake in Ross Stores by 1.0% in the second quarter. Treasurer of the State of North Carolina now owns 150,491 shares of the apparel retailer’s stock valued at $19,200,000 after acquiring an additional 1,508 shares during the last quarter. Finally, Main Street Financial Solutions LLC boosted its stake in Ross Stores by 2.2% in the second quarter. Main Street Financial Solutions LLC now owns 12,580 shares of the apparel retailer’s stock valued at $1,605,000 after acquiring an additional 265 shares during the last quarter. Institutional investors and hedge funds own 86.86% of the company’s stock.

About Ross Stores

(Get Free Report)

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.