Citigroup has raised its price target for Ross Stores to $290, following the company's strong Q2 performance where revenue reached $6.27 billion and earnings per share hit $2.66, both surpassing estimates. The retailer also increased its full-year earnings forecast to between $8.61 and $8.77 per share, reflecting confidence in continued growth driven by increased customer traffic and effective discount retail strategies. This upgrade signals significant upside potential for investors in Ross Stores.
Ross Stores shares surged 8% after reporting a strong Q2 fiscal 2026 with revenue up 13% to $6.26 billion and EPS of $2.66, beating estimates. The company raised its full-year EPS guidance to $8.61-$8.77, driven by strong customer traffic and expandi...
Ross Stores reported a strong Q2 fiscal 2026 with sales up 13% to $6.3 billion and net income rising to $851 million, driven by higher customer traffic and tariff refunds. The company raised its full-year earnings forecast to $8.61-$8.77 per share an...
Ross Stores reported a strong quarter with a 14% increase in total sales to $6.3 billion and nearly doubled net income year-over-year, driven by a 10% rise in comparable store sales. The company exceeded Wall Street expectations, boosted by $253 mill...
Ross Stores reported a 13% sales increase and a 10% rise in comparable store sales for Q2 2026, driven by higher customer traffic. Operating profits reached $1.1 billion, boosted by $253 million in tariff refunds, leading to earnings per share of $2....
Ross Stores is set to report Q2 earnings with analysts forecasting EPS of $1.95 and revenue of $6.16 billion, up from $1.56 EPS and $5.53 billion revenue last year. This growth is attributed to strong consumer demand for value and the addition of 47 ...
