Ross Stores (NASDAQ:ROST) Issues Q3 2026 Earnings Guidance

Ross Stores (NASDAQ:ROST) issued an update on its third quarter 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 1.750-1.830 for the period, compared to the consensus earnings per share estimate of 1.740. The company issued revenue guidance of -. Ross Stores also updated its FY 2026 guidance to 8.610-8.770 EPS.

Ross Stores Trading Down 2.4%

NASDAQ ROST traded down $5.70 during trading on Thursday, hitting $228.99. The company had a trading volume of 4,775,468 shares, compared to its average volume of 2,717,548. The company’s fifty day moving average is $234.03 and its 200-day moving average is $221.46. Ross Stores has a one year low of $143.39 and a one year high of $257.00. 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 cap of $73.46 billion, a price-to-earnings ratio of 31.98, a price-to-earnings-growth ratio of 2.64 and a beta of 0.86.

Ross Stores (NASDAQ:ROST) last announced its 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 firm had revenue of $6.01 billion for the quarter, compared to analyst estimates of $5.64 billion. During the same quarter in the previous year, the firm posted $1.47 EPS. The company’s revenue for the quarter was up 20.6% compared to the same quarter last year. On average, sell-side analysts predict that Ross Stores will post 7.78 earnings per share for the current year.

Ross Stores Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 8th will be issued a $0.445 dividend. The ex-dividend date is Tuesday, September 8th. This represents a $1.78 annualized dividend and a yield of 0.8%. Ross Stores’s dividend payout ratio (DPR) is 24.86%.

Analysts Set New Price Targets

Several analysts have weighed in on the company. JPMorgan Chase & Co. lifted their price objective on Ross Stores from $248.00 to $251.00 and gave the company an “overweight” rating in a research report on Monday, May 18th. Barclays raised their target price on Ross Stores from $242.00 to $260.00 and gave the company an “overweight” rating in a research note on Tuesday, May 26th. The Goldman Sachs Group restated a “buy” rating and set a $270.00 price target on shares of Ross Stores in a research report on Friday, May 22nd. Wall Street Zen cut Ross Stores from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 20th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Ross Stores in a report on Monday, July 6th. Sixteen analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $244.76.

Ross Stores News Roundup

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

Hedge Funds Weigh In On Ross Stores

Several institutional investors and hedge funds have recently modified their holdings of ROST. Compound Planning Inc. grew its position in Ross Stores by 22.0% during the 4th quarter. Compound Planning Inc. now owns 2,785 shares of the apparel retailer’s stock valued at $502,000 after purchasing an additional 502 shares during the last quarter. Invesco Ltd. raised its holdings in Ross Stores by 1.5% in the fourth quarter. Invesco Ltd. now owns 4,726,610 shares of the apparel retailer’s stock worth $851,451,000 after buying an additional 70,678 shares during the last quarter. Axxcess Wealth Management LLC bought a new position in shares of Ross Stores in the fourth quarter worth approximately $239,000. Corient Private Wealth LLC lifted its stake in shares of Ross Stores by 37.1% in the fourth quarter. Corient Private Wealth LLC now owns 72,620 shares of the apparel retailer’s stock worth $13,082,000 after buying an additional 19,669 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV grew its holdings in shares of Ross Stores by 26.2% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 57,271 shares of the apparel retailer’s stock valued at $10,317,000 after buying an additional 11,894 shares during the last quarter. 86.86% of the stock is currently owned by institutional investors.

Ross Stores Company Profile

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.