ROSS STORES, INC. (ROST) Research

Forward Estimates

EPS Estimates

Current Qtr

$1.93

$1.87$2.05

vs $1.56+23.6%

15 analysts

Next Qtr

$1.73

$1.67$1.87

vs $1.58+9.3%

15 analysts

Current Yr

$7.80

$7.59$8.24

vs $6.61+18.0%

17 analysts

Next Yr

$8.58

$8.20$9.38

vs $7.80+10.0%

17 analysts

Revenue Estimates

Current Qtr

$6.14B

$6.07B$6.39B

vs $5.53B+11.0%

16 analysts

Next Qtr

$5.96B

$5.87B$6.13B

vs $5.60B+6.4%

16 analysts

Current Yr

$25.14B

$24.83B$25.80B

vs $22.75B+10.5%

18 analysts

Next Yr

$26.76B

$25.98B$27.73B

vs $25.14B+6.4%

17 analysts

SEC filings →

View all 10-K, 10-Q, and 8-K filings for ROST on EDGAR.

ROST filing events and research context
Filed	Item	Context
Jun 2, 2026	mda_quarterly	Ross Stores reported strong first-quarter fiscal 2026 results, with sales increasing 21% to $6.01 billion. This growth was primarily driven by a 17% increase in comparable store sales, resulting from an 11% rise in traffic and a 6% increase in average basket size. Operating income grew to $804 million, with the operating margin expanding to 13.4%, supported by an 85-basis-point increase in merchandise margins and a 60-basis-point leverage in occupancy costs. The company plans to open approximately 110 new stores this year, comprising 85 Ross Dress for Less and 25 dd’s DISCOUNTS locations. Liquidity remains robust with $4.1 billion in unrestricted cash and a $1.3 billion revolving credit facility. Capital return initiatives are aggressive, featuring a new $2.55 billion stock repurchase program and a quarterly dividend of $0.4450 per share. Key financial risks include macroeconomic volatility, inflation, and potential tariff increases, though the company has submitted claims for refunds of tariffs paid under the International Emergency Economic Powers Act. Operational focus remains on broad-based merchandising and enhancing the in-store shopping experience to drive customer acquisition and engagement.
Mar 31, 2026	business	Ross Stores, Inc. operates two off-price retail brands: Ross Dress for Less and dd’s DISCOUNTS. As of January 31, 2026, the company manages 2,267 locations, with Ross targeting middle-income households and dd’s DISCOUNTS serving lower-to-moderate income consumers. The company sells first-quality, brand-name apparel, footwear, and home fashions at discounts ranging from 20% to 70% relative to department and specialty stores. A primary competitive advantage is the company's opportunistic purchasing strategy, which combines "upfront" and "close-out" buys with "packaway" inventory—merchandise stored in warehouses for strategic release to ensure a consistent flow of prestige brands. Ross maintains low operating costs through a self-service store design, centralized merchandising, and highly automated distribution centers. The business model leverages a "treasure-hunt" shopping experience to drive customer traffic. While the off-price sector is generally resilient, the company faces intense competition from online retailers, warehouse stores, and other off-price chains. Financial performance is subject to seasonality, with peak sales occurring during the second half of the fiscal year during the back-to-school and holiday periods.
Mar 31, 2026	risk_factors	Ross Stores, operating Ross Dress for Less and dd’s DISCOUNTS, is primarily exposed to macroeconomic volatility, including inflation, geopolitical instability, and tariffs. Tariff-related costs specifically pressured merchandise margins and reduced fiscal 2025 earnings per share by approximately $0.16. Operational risks include the deleveraging effect of supply chain expansion, exemplified by increased distribution costs following the opening of the Buckeye, Arizona distribution center. The company faces ongoing legal exposure through class-action lawsuits in California alleging wage and hour law violations. Additionally, the business is susceptible to disruptions from extreme weather, natural disasters, and public health crises. Financial analysts should note the company's reliance on the strategic timing of packaway inventory releases and its sensitivity to consumer spending trends. While the company maintains a strong liquidity position with $4.6 billion in unrestricted cash and a $1.3 billion revolving credit facility, it remains vulnerable to broader economic shifts, interest rate changes, and regulatory changes.

Filed

Item

Context

Jun 2, 2026

mda_quarterly

Ross Stores reported strong first-quarter fiscal 2026 results, with sales increasing 21% to $6.01 billion. This growth was primarily driven by a 17% increase in comparable store sales, resulting from an 11% rise in traffic and a 6% increase in average basket size. Operating income grew to $804 million, with the operating margin expanding to 13.4%, supported by an 85-basis-point increase in merchandise margins and a 60-basis-point leverage in occupancy costs. The company plans to open approximately 110 new stores this year, comprising 85 Ross Dress for Less and 25 dd’s DISCOUNTS locations. Liquidity remains robust with $4.1 billion in unrestricted cash and a $1.3 billion revolving credit facility. Capital return initiatives are aggressive, featuring a new $2.55 billion stock repurchase program and a quarterly dividend of $0.4450 per share. Key financial risks include macroeconomic volatility, inflation, and potential tariff increases, though the company has submitted claims for refunds of tariffs paid under the International Emergency Economic Powers Act. Operational focus remains on broad-based merchandising and enhancing the in-store shopping experience to drive customer acquisition and engagement.

Mar 31, 2026

business

Ross Stores, Inc. operates two off-price retail brands: Ross Dress for Less and dd’s DISCOUNTS. As of January 31, 2026, the company manages 2,267 locations, with Ross targeting middle-income households and dd’s DISCOUNTS serving lower-to-moderate income consumers. The company sells first-quality, brand-name apparel, footwear, and home fashions at discounts ranging from 20% to 70% relative to department and specialty stores. A primary competitive advantage is the company's opportunistic purchasing strategy, which combines "upfront" and "close-out" buys with "packaway" inventory—merchandise stored in warehouses for strategic release to ensure a consistent flow of prestige brands. Ross maintains low operating costs through a self-service store design, centralized merchandising, and highly automated distribution centers. The business model leverages a "treasure-hunt" shopping experience to drive customer traffic. While the off-price sector is generally resilient, the company faces intense competition from online retailers, warehouse stores, and other off-price chains. Financial performance is subject to seasonality, with peak sales occurring during the second half of the fiscal year during the back-to-school and holiday periods.

Mar 31, 2026

risk_factors

Ross Stores, operating Ross Dress for Less and dd’s DISCOUNTS, is primarily exposed to macroeconomic volatility, including inflation, geopolitical instability, and tariffs. Tariff-related costs specifically pressured merchandise margins and reduced fiscal 2025 earnings per share by approximately $0.16. Operational risks include the deleveraging effect of supply chain expansion, exemplified by increased distribution costs following the opening of the Buckeye, Arizona distribution center. The company faces ongoing legal exposure through class-action lawsuits in California alleging wage and hour law violations. Additionally, the business is susceptible to disruptions from extreme weather, natural disasters, and public health crises. Financial analysts should note the company's reliance on the strategic timing of packaway inventory releases and its sensitivity to consumer spending trends. While the company maintains a strong liquidity position with $4.6 billion in unrestricted cash and a $1.3 billion revolving credit facility, it remains vulnerable to broader economic shifts, interest rate changes, and regulatory changes.

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ROST filing events and research context

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