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

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

Wall Street Analyst Weigh In

A number of analysts recently commented on the stock. Truist Financial boosted their target price on shares of Ross Stores from $290.00 to $310.00 and gave the stock a “buy” rating in a report on Friday. Citigroup lifted their price target on shares of Ross Stores from $270.00 to $290.00 and gave the stock a “buy” rating in a research report on Friday. Jefferies Financial Group upped their price target on Ross Stores from $265.00 to $285.00 and gave the company a “buy” rating in a report on Friday. Guggenheim reaffirmed a “buy” rating and issued a $290.00 price target on shares of Ross Stores in a report on Monday, April 27th. Finally, Evercore set a $290.00 price objective on Ross Stores in a research report on Friday. Fifteen research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, Ross Stores presently has an average rating of “Moderate Buy” and an average target price of $263.76.

Ross Stores Stock Performance

Shares of ROST opened at $239.04 on Friday. The company has a market capitalization of $76.68 billion, a PE ratio of 28.94, a PEG ratio of 2.30 and a beta of 0.86. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.94 and a current ratio of 1.54. The company’s 50 day moving average price is $233.81 and its 200 day moving average price is $221.86. Ross Stores has a 52 week low of $143.39 and a 52 week high of $257.00.

Ross Stores (NASDAQ:ROST) last issued its earnings results on Thursday, August 20th. The apparel retailer reported $2.66 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.95 by $0.71. Ross Stores had a net margin of 10.85% and a return on equity of 40.28%. The company had revenue of $6.26 billion during the quarter, compared to analyst estimates of $6.16 billion. During the same quarter last year, the business posted $1.56 EPS. The company’s revenue for the quarter was up 13.3% on a year-over-year basis. Research analysts expect that Ross Stores will post 7.81 EPS for the current fiscal year.

Ross Stores Dividend Announcement

The company also recently disclosed 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 0.7%. Ross Stores’s dividend payout ratio (DPR) is presently 21.55%.

Trending Headlines about Ross Stores

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

• Positive Sentiment: Q2 results exceeded expectations: Ross reported diluted EPS of $2.66 versus the approximately $1.95 consensus estimate, while revenue rose 13.3% year over year to $6.26 billion, ahead of the $6.16 billion forecast. Comparable-store sales increased 10%, supported by stronger customer traffic, improved merchandising and higher margins. Ross Stores Q2 Earnings Top Estimates on Strong Sales Growth Momentum
• Positive Sentiment: Higher outlook signals continued momentum: Management raised fiscal 2026 EPS guidance to $8.61-$8.77, well above the prior outlook and the roughly $7.31 analyst consensus. Third- and fourth-quarter EPS guidance also came in above expectations. The company cited resilient demand for discounted apparel and accessories and raised its fiscal-year store-opening plan to 115 locations. Ross Stores raises annual profit forecast again on discounted apparel demand
• Positive Sentiment: Analysts raised price targets: JPMorgan increased its target to $272 and maintained an Overweight rating, while Robert W. Baird raised its target to $270 and kept an Outperform rating. These revisions reinforce expectations that Ross is gaining market share from rivals. Analysts Boost Forecasts on Ross Stores
• Neutral Sentiment: Approximately $253 million of tariff refunds benefited second-quarter operating income, creating a potential comparison headwind when assessing underlying profitability. Ross Stores Q2 Sales Rise 13% as Diluted EPS Reaches $2.66
• Negative Sentiment: BTIG analyst Robert Drbul reiterated a Hold rating, indicating that strong execution may already be reflected in ROST’s premium valuation. Recent insider activity also showed sales but no purchases, a modest sentiment caution. Analyst Reiterates Hold on Ross Stores

Institutional Investors Weigh In On Ross Stores

Hedge funds and other institutional investors have recently made changes to their positions in the company. Parkside Financial Bank & Trust grew its stake in shares of Ross Stores by 2.5% in the 4th quarter. Parkside Financial Bank & Trust now owns 2,448 shares of the apparel retailer’s stock valued at $441,000 after buying an additional 59 shares in the last quarter. Great Lakes Advisors LLC lifted its stake in Ross Stores by 3.0% in the fourth quarter. Great Lakes Advisors LLC now owns 2,205 shares of the apparel retailer’s stock valued at $397,000 after acquiring an additional 64 shares during the last quarter. Haverford Trust Co grew its position in Ross Stores by 16.7% in the fourth quarter. Haverford Trust Co now owns 672 shares of the apparel retailer’s stock worth $121,000 after acquiring an additional 96 shares in the last quarter. L2 Asset Management LLC grew its position in Ross Stores by 6.6% in the fourth quarter. L2 Asset Management LLC now owns 1,604 shares of the apparel retailer’s stock worth $289,000 after acquiring an additional 100 shares in the last quarter. Finally, Geneos Wealth Management Inc. increased its stake in shares of Ross Stores by 23.5% during the 1st quarter. Geneos Wealth Management Inc. now owns 615 shares of the apparel retailer’s stock worth $79,000 after purchasing an additional 117 shares during the last quarter. 86.86% of the stock is owned by hedge funds and other 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.