Ross Stores (ROST)
NASDAQ:ROST
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Earnings Data
Report Date
Aug 13, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
1.94Last Year’s EPS
1.56Same Quarter Last Year
Strong Buy
Based on 17 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The quarter showed resilient top-line growth (+3% to $5.0B), stable operating margin (12.2%) and executional positives including sequential improvement, strong category (cosmetics) performance, dd's momentum, continued share repurchases and progress on the branded strategy. Offsetting these positives are meaningful near-term risks from tariffs (material margin and EPS pressure in Q2), withdrawn annual guidance due to uncertain trade and macro dynamics, modest net income decline and sourcing concentration in China that creates receipt and margin risk. Overall, the call balanced operational strengths and strategic progress against tangible near-term macro and tariff headwinds.Company Guidance
Top-Line Growth and EPS Stability
Total sales grew 3% to $5.0 billion and comparable store sales were flat year-over-year. Diluted earnings per share were $1.47 versus $1.46 a year ago (essentially flat), and the company reported that sales and earnings performed at the high end of expectations for the quarter.
Operating Margin Held Steady
First quarter operating margin was 12.2%, flat versus last year, indicating the company maintained profitability despite a challenging external environment.
Sequential Improvement Across the Quarter
After a slow February, monthly sales improved sharply month-over-month for the balance of the quarter (February → March → April improvement), with April exit performance described as 'pretty strong.'
Category and Geographic Strengths
Cosmetics was the strongest merchandise area in the quarter and geographic trends were broad-based, with the Southeast performing best. The Ladies business was in line with, or slightly better than, the chain average.
dd's DISCOUNT Momentum
dd's DISCOUNT continued strong momentum with another quarter of solid sales and operating profits and was comp-enhancing for the quarter.
Inventory Positioning and Packaway
Total consolidated inventories were up 8% versus last year and average store inventories were up 4% (in line with plan). Packaway merchandise represented 41% of total inventory (similar to prior year) and management believes inventory is well positioned to maximize availability of closeouts.
Capital Return and Store Growth
Repurchased 2.0 million shares for $263 million in the quarter and remains on track to repurchase $1.05 billion of stock in 2025 under a $2.1 billion authorization. Opened 16 Ross and 3 dd's locations in Q1 and continues to plan approximately 90 new stores for the year (about 80 Ross, 10 dd's).
Progress on Branded Strategy
Branded assortment shift is meeting internal targets; earlier margin pressure from the branded strategy was largely anniversaryed and is not expected to be an ongoing headwind, and branded product has helped merchandise perception, particularly in Ladies apparel.
ROST Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
ROST Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 21, 2026 | $217.19 | $234.81 | +8.11% |
Mar 03, 2026 | $197.22 | $213.07 | +8.04% |
Nov 20, 2025 | $159.79 | $173.24 | +8.41% |
Aug 21, 2025 | $144.59 | $146.21 | +1.12% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Ross Stores (ROST) report earnings?
Ross Stores (ROST) is schdueled to report earning on Aug 13, 2026, After Close (Confirmed).
What is Ross Stores (ROST) earnings time?
Ross Stores (ROST) earnings time is at Aug 13, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ROST EPS forecast?
ROST EPS forecast for the fiscal quarter 2026 (Q2) is 1.94.
