Ross Stores beats Q2 estimates, raises 2026 guidance
Ross Stores reported second-quarter revenue of about $6.27 billion and EPS of $2.66, both above estimates, and lifted full-year 2026 EPS guidance to $8.61 to $8.77.
Ross Stores Inc (NASDAQ: ROST ) reported second-quarter financial results after the market close on Thursday. Here’s a rundown of the specialty retailer’s report. Ross Stores stock is rising. Where is ROST stock going?
94, according to Pro. Total revenue increased 13% year-over-year in the quarter as comparable store sales climbed 10%, primarily driven by customer traffic. “Importantly, that growth was supported by both an increase in new customers and higher engagement from existing customers,” said Jim Conroy, CEO of Ross Stores. “Our performance was fueled by our compelling merchandise offerings, engaging marketing initiatives, and continued enhancements to the in-store experience.
79. 26. Both quarterly guidance ranges are above current analyst expectations. 4 million shares for $319 million in the second quarter.
275 billion of its common stock in fiscal 2026. 60 at the time of publication on Thursday, according to Pro. com