Ross Stores (NASDAQ:ROST) Issues Q4 2026 Earnings Guidance

Ross Stores (NASDAQ:ROST) updated its fourth quarter 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 2.170-2.260 for the period, compared to the consensus EPS estimate of 2.120. The company issued revenue guidance of -. Ross Stores also updated its FY 2026 guidance to 8.610-8.770 EPS.

Ross Stores Stock Down 2.4%

Ross Stores stock traded down $5.70 during trading hours on Thursday, reaching $228.99. The stock had a trading volume of 4,775,468 shares, compared to its average volume of 2,717,548. The company has a market cap of $73.46 billion, a price-to-earnings ratio of 31.98, a PEG ratio of 2.64 and a beta of 0.86. The business’s 50 day moving average price is $234.03 and its 200-day moving average price is $221.46. Ross Stores has a 52 week low of $143.39 and a 52 week high of $257.00. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.54 and a quick ratio of 0.94.

Ross Stores (NASDAQ:ROST) last released its quarterly earnings results on Thursday, May 21st. The apparel retailer reported $2.02 earnings per share for the quarter, beating analysts’ consensus estimates of $1.73 by $0.29. Ross Stores had a net margin of 9.74% and a return on equity of 38.42%. The business had revenue of $6.01 billion for the quarter, compared to analysts’ expectations of $5.64 billion. During the same period last year, the business earned $1.47 EPS. The company’s revenue was up 20.6% compared to the same quarter last year. Sell-side analysts anticipate that Ross Stores will post 7.78 EPS for the current year.

Ross Stores Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 8th will be given a dividend of $0.445 per share. The ex-dividend date of this dividend is Tuesday, September 8th. This represents a $1.78 dividend on an annualized basis and a yield of 0.8%. Ross Stores’s dividend payout ratio is presently 24.86%.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on ROST. JPMorgan Chase & Co. lifted their price target on shares of Ross Stores from $248.00 to $251.00 and gave the stock an “overweight” rating in a report on Monday, May 18th. Guggenheim reiterated a “buy” rating and set a $290.00 price objective on shares of Ross Stores in a report on Monday, April 27th. Truist Financial raised their price objective on Ross Stores from $270.00 to $290.00 and gave the stock a “buy” rating in a research report on Friday, May 22nd. Weiss Ratings restated a “buy (b)” rating on shares of Ross Stores in a research note on Monday, July 6th. Finally, Morgan Stanley set a $231.00 target price on Ross Stores in a research report on Wednesday, August 5th. Sixteen equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, Ross Stores has a consensus rating of “Moderate Buy” and an average target price of $244.76.

Trending Headlines about Ross Stores

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

• Positive Sentiment: Ross Stores’ first-quarter performance provided a strong foundation, with the company posting its strongest comparable-store sales growth in its 40-year history. Investors are looking for evidence that the momentum is continuing into the second quarter. Live: Will Ross Crush Q2 Earnings Tonight After Its Record Q1?
• Positive Sentiment: The board declared a regular quarterly dividend of $0.445 per share, payable September 30 to shareholders of record September 8. The dividend supports investor returns, although the annualized yield is modest at approximately 0.8%. Ross Stores Announces Quarterly Dividend
• Neutral Sentiment: Analysts generally expect second-quarter earnings per share of roughly $1.94–$1.95 and revenue of about $6.15–$6.16 billion. The company also opened 47 new stores, highlighting ongoing expansion. Ross Stores Earnings Preview
• Negative Sentiment: Shares were trading near their 52-week high before the report, leaving less room for disappointment. Options markets implied a potential move of about 6.94% around earnings, signaling elevated volatility and concern that results or guidance may not exceed already-optimistic expectations. Retail Earnings Implied Moves

Institutional Investors Weigh In On Ross Stores

Institutional investors and hedge funds have recently made changes to their positions in the stock. Marshall Wace LLP increased its holdings in Ross Stores by 1,908.8% in the 3rd quarter. Marshall Wace LLP now owns 1,816,763 shares of the apparel retailer’s stock worth $276,857,000 after buying an additional 1,726,324 shares during the period. Bank of America Corp DE lifted its stake in Ross Stores by 20.9% during the 2nd quarter. Bank of America Corp DE now owns 9,582,401 shares of the apparel retailer’s stock valued at $1,222,523,000 after acquiring an additional 1,657,008 shares during the period. Viking Global Investors LP lifted its stake in Ross Stores by 56.5% during the 4th quarter. Viking Global Investors LP now owns 3,167,479 shares of the apparel retailer’s stock valued at $570,590,000 after acquiring an additional 1,143,611 shares during the period. Bank of Montreal Can lifted its stake in Ross Stores by 357.4% during the 4th quarter. Bank of Montreal Can now owns 1,451,569 shares of the apparel retailer’s stock valued at $261,486,000 after acquiring an additional 1,134,186 shares during the period. Finally, Scopus Asset Management L.P. purchased a new stake in shares of Ross Stores in the 2nd quarter valued at $102,281,000. 86.86% of the stock is currently owned by institutional investors and hedge funds.

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.