Ross Stores (ROST) Expected to Release Earnings on Thursday

Ross Stores (NASDAQ:ROST) will likely be releasing its Q2 2026 results after the market closes on Thursday, August 20th. Analysts expect the company to post earnings of $1.94 per share and revenue of $6.1468 billion for the quarter. 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. Parties may review the information on the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Thursday, August 20, 2026 at 4:15 PM ET.

Ross Stores (NASDAQ:ROST) last announced its quarterly earnings results on Thursday, May 21st. The apparel retailer reported $2.02 EPS for the quarter, beating the consensus estimate of $1.73 by $0.29. The business had revenue of $6.01 billion for the quarter, compared to analyst estimates of $5.64 billion. Ross Stores had a return on equity of 38.42% and a net margin of 9.74%.The company’s quarterly revenue was up 20.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.47 EPS. On average, analysts expect Ross Stores to post $8 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Ross Stores Stock Down 4.1%

Shares of NASDAQ:ROST opened at $235.28 on Tuesday. The business has a 50-day moving average price of $233.84 and a 200 day moving average price of $220.77. The company has a current ratio of 1.54, a quick ratio of 0.94 and a debt-to-equity ratio of 0.12. The company has a market capitalization of $75.47 billion, a price-to-earnings ratio of 32.86, a PEG ratio of 2.74 and a beta of 0.86. Ross Stores has a 12-month low of $143.39 and a 12-month high of $257.00.

Ross Stores Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 9th were given a $0.445 dividend. The ex-dividend date of this dividend was Tuesday, June 9th. 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 Analyst Weigh In

ROST has been the subject of several research analyst reports. Telsey Advisory Group increased their target price on shares of Ross Stores from $265.00 to $280.00 and gave the stock an “outperform” rating in a research note on Friday. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $257.00 price target on shares of Ross Stores in a research note on Friday, May 22nd. Citigroup upped their price objective on shares of Ross Stores from $261.00 to $270.00 and gave the stock a “buy” rating in a report on Friday, May 22nd. Guggenheim reaffirmed a “buy” rating and set a $290.00 price objective on shares of Ross Stores in a research report on Monday, April 27th. Finally, Wall Street Zen cut shares of Ross Stores from a “strong-buy” rating to a “buy” rating in a research report on Saturday, June 20th. Fifteen investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Ross Stores has an average rating of “Moderate Buy” and a consensus price target of $244.76.

Hedge Funds Weigh In On Ross Stores

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. State Street Corp grew its position in Ross Stores by 0.7% in the 4th quarter. State Street Corp now owns 13,911,953 shares of the apparel retailer’s stock valued at $2,506,099,000 after acquiring an additional 99,975 shares in the last quarter. Bank of America Corp DE lifted its position in shares of Ross Stores by 20.9% during the second quarter. Bank of America Corp DE now owns 9,582,401 shares of the apparel retailer’s stock worth $1,222,523,000 after purchasing an additional 1,657,008 shares in the last quarter. Morgan Stanley boosted its stake in shares of Ross Stores by 1.5% in the fourth quarter. Morgan Stanley now owns 5,436,788 shares of the apparel retailer’s stock valued at $979,384,000 after purchasing an additional 79,519 shares during the period. Viking Global Investors LP boosted its stake in shares of Ross Stores by 9.9% in the second quarter. Viking Global Investors LP now owns 4,747,639 shares of the apparel retailer’s stock valued at $605,704,000 after purchasing an additional 426,370 shares during the period. Finally, Invesco Ltd. boosted its stake in shares of Ross Stores by 1.5% in the fourth quarter. Invesco Ltd. now owns 4,726,610 shares of the apparel retailer’s stock valued at $851,451,000 after purchasing an additional 70,678 shares during the period. 86.86% of the stock is currently owned by hedge funds and other institutional investors.

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.