Ross Stores beats Q1 estimates with 21% revenue growth, raises full-year sales outlook.

Ross Stores reported strong Q1 2026 results, with earnings per share of $2.04 surpassing estimates of $1.70 and revenue of $6.01 billion, up 21% year-over-year. This robust performance led the company to raise its fiscal year outlook, expecting comparable sales growth of 6% to 7%. The growth is attributed to increased customer traffic and attractive merchandise offerings. Investors are watching as Ross continues to outperform expectations in the off-price retail sector.