Ross Stores (NASDAQ:ROST) Updates 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 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.

Ross Stores Price Performance

ROST stock opened at $234.81 on Friday. The firm has a market cap of $75.64 billion, a P/E ratio of 32.79, a P/E/G ratio of 2.87 and a beta of 0.87. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.04 and a current ratio of 1.58. The firm’s fifty day moving average is $219.06 and its 200 day moving average is $197.05. Ross Stores has a 52 week low of $124.49 and a 52 week high of $235.80.

Ross Stores (NASDAQ:ROST) last announced its quarterly 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. The business had revenue of $6.01 billion during the quarter, compared to analysts’ expectations of $5.64 billion. Ross Stores had a net margin of 9.74% and a return on equity of 39.02%. The firm’s revenue for the quarter was up 20.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $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. Research analysts predict that Ross Stores will post 7.37 earnings per share for the current year.

Ross Stores Dividend Announcement

The company also recently declared 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 annualized dividend and a yield of 0.8%. Ross Stores’s dividend payout ratio is presently 26.93%.

Analyst Ratings Changes

Several equities research analysts have weighed in on ROST shares. Zacks Research cut shares of Ross Stores from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 2nd. Citigroup increased their price target on shares of Ross Stores from $261.00 to $270.00 and gave the company a “buy” rating in a research report on Friday. Truist Financial set a $290.00 price target on shares of Ross Stores and gave the company a “buy” rating in a research report on Friday. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $257.00 price target on shares of Ross Stores in a research report on Friday. Finally, Barclays increased their price target on shares of Ross Stores from $205.00 to $221.00 and gave the company an “overweight” rating in a research report on Monday, March 2nd. Sixteen analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $230.88.

Insider Activity

In other news, Director Patricia H. Mueller sold 1,881 shares of Ross Stores stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $213.13, for a total transaction of $400,897.53. Following the sale, the director owned 2,159 shares of the company’s stock, valued at approximately $460,147.67. The trade was a 46.56% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CMO Karen Sykes sold 5,506 shares of Ross Stores stock in a transaction dated 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 sale, the chief marketing officer directly owned 104,648 shares in the company, valued at $22,331,883.20. The trade was a 5.00% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 25,756 shares of company stock valued at $5,521,004. Corporate insiders own 2.10% of the company’s stock.

Ross Stores News Roundup

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

• Positive Sentiment: Ross Stores reported Q1 EPS of $2.02, easily topping estimates, while revenue of $6.01 billion also exceeded forecasts; same-store sales jumped 17% and revenue rose 20.6% year over year. Ross Stores Reports Robust First Quarter Sales and Earnings Results, Significantly Exceeding Guidance
• Positive Sentiment: The company raised full-year EPS guidance to $7.50-$7.74 and increased its comparable-sales outlook to 6%-7%, signaling continued momentum after a strong quarter. Ross Stores Lifts Outlook as Sales Jump
• Positive Sentiment: Analysts turned more bullish after the beat, with Citigroup lifting its price target to $270 and other firms raising forecasts, reinforcing the post-earnings rally. These Analysts Boost Their Forecasts On Ross Stores After Better-Than-Expected Q1 Results
• Positive Sentiment: Multiple market commentaries highlighted Ross Stores as a beneficiary of consumer demand for value and noted the stock hitting a 52-week high after the earnings release. Why Ross Stores Stock Climbed Today

Institutional Investors Weigh In On Ross Stores

Large investors have recently modified their holdings of the stock. Virtus Advisers LLC bought a new stake in shares of Ross Stores during the 4th quarter valued at about $32,000. Quarry LP boosted its stake in shares of 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 purchasing an additional 281 shares in the last quarter. Kemnay Advisory Services Inc. bought a new stake in shares of Ross Stores during the 4th quarter valued at about $60,000. Quattro Advisors LLC purchased a new position in Ross Stores during the 4th quarter valued at about $70,000. Finally, Johnson Financial Group Inc. boosted its stake in 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 acquiring an additional 259 shares in the last quarter. Institutional investors 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.