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 expanding operating margins. Ross plans to open more stores and continues significant share buybacks. The positive results highlight the strength of off-price retail amid economic pressures, contrasting with weaker department stores like Macy's, which supply merchandise to off-price chains. Investors will watch how peers like TJX respond in upcoming reports.
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 ea...
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 ...
