Analysts Set Expectations for Ross Stores Q2 Earnings

Ross Stores, Inc. (NASDAQ:ROST) – Equities research analysts at Telsey Advisory Group cut their Q2 2026 EPS estimates for Ross Stores in a note issued to investors on Friday, May 23rd. Telsey Advisory Group analyst D. Telsey now anticipates that the apparel retailer will post earnings per share of $1.55 for the quarter, down from their previous estimate of $1.66. Telsey Advisory Group currently has a “Market Perform” rating and a $150.00 price target on the stock. The consensus estimate for Ross Stores’ current full-year earnings is $6.17 per share. Telsey Advisory Group also issued estimates for Ross Stores’ Q3 2026 earnings at $1.50 EPS, Q4 2026 earnings at $1.75 EPS, FY2026 earnings at $6.26 EPS, Q1 2027 earnings at $1.62 EPS, Q2 2027 earnings at $1.69 EPS, Q3 2027 earnings at $1.63 EPS, Q4 2027 earnings at $1.89 EPS and FY2027 earnings at $6.84 EPS.

Other equities analysts have also issued research reports about the stock. Wells Fargo & Company cut their price objective on shares of Ross Stores from $155.00 to $150.00 and set an “overweight” rating on the stock in a research report on Friday. BMO Capital Markets dropped their price target on shares of Ross Stores from $168.00 to $156.00 and set an “outperform” rating on the stock in a research report on Wednesday, March 5th. Loop Capital dropped their price target on shares of Ross Stores from $175.00 to $170.00 and set a “buy” rating on the stock in a research report on Friday. Barclays dropped their price target on shares of Ross Stores from $157.00 to $156.00 and set an “overweight” rating on the stock in a research report on Friday. Finally, Morgan Stanley dropped their price target on shares of Ross Stores from $128.00 to $126.00 and set an “equal weight” rating on the stock in a research report on Friday. Five equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $158.67.

Ross Stores Price Performance

Shares of ROST opened at $137.26 on Monday. The firm has a market cap of $45.13 billion, a PE ratio of 21.62, a PEG ratio of 2.13 and a beta of 1.17. The firm’s 50 day moving average price is $138.19 and its 200 day moving average price is $142.98. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.98 and a current ratio of 1.57. Ross Stores has a twelve month low of $122.36 and a twelve month high of $163.60.

Ross Stores (NASDAQ:ROST) last issued its quarterly earnings data on Thursday, May 22nd. The apparel retailer reported $1.47 earnings per share for the quarter, beating the consensus estimate of $1.44 by $0.03. The firm had revenue of $4.98 billion for the quarter, compared to analyst estimates of $4.94 billion. Ross Stores had a net margin of 9.95% and a return on equity of 41.83%. The company’s revenue for the quarter was up 2.6% on a year-over-year basis. During the same quarter last year, the firm earned $1.46 earnings per share.

Institutional Investors Weigh In On Ross Stores

A number of institutional investors have recently bought and sold shares of the business. Geneos Wealth Management Inc. boosted its stake in Ross Stores by 23.5% during the first quarter. Geneos Wealth Management Inc. now owns 615 shares of the apparel retailer’s stock worth $79,000 after buying an additional 117 shares in the last quarter. Focus Partners Wealth boosted its stake in shares of Ross Stores by 6.6% in the 1st quarter. Focus Partners Wealth now owns 18,129 shares of the apparel retailer’s stock valued at $2,317,000 after purchasing an additional 1,118 shares in the last quarter. Bayforest Capital Ltd boosted its stake in shares of Ross Stores by 372.5% in the 1st quarter. Bayforest Capital Ltd now owns 241 shares of the apparel retailer’s stock valued at $31,000 after purchasing an additional 190 shares in the last quarter. Optimize Financial Inc boosted its stake in shares of Ross Stores by 53.0% in the 1st quarter. Optimize Financial Inc now owns 5,157 shares of the apparel retailer’s stock valued at $659,000 after purchasing an additional 1,786 shares in the last quarter. Finally, Woodline Partners LP boosted its stake in shares of Ross Stores by 39.9% in the 1st quarter. Woodline Partners LP now owns 27,875 shares of the apparel retailer’s stock valued at $3,562,000 after purchasing an additional 7,951 shares in the last quarter. Institutional investors and hedge funds own 86.86% of the company’s stock.

Insider Transactions at Ross Stores

In other Ross Stores news, CMO Karen Sykes sold 5,036 shares of Ross Stores stock in a transaction on Wednesday, April 2nd. The shares were sold at an average price of $130.48, for a total transaction of $657,097.28. Following the sale, the chief marketing officer now owns 110,365 shares in the company, valued at $14,400,425.20. The trade was a 4.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CMO Karen Fleming sold 5,339 shares of Ross Stores stock in a transaction on Monday, March 17th. The stock was sold at an average price of $125.73, for a total transaction of $671,272.47. Following the sale, the chief marketing officer now owns 94,063 shares in the company, valued at $11,826,540.99. This represents a 5.37% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 34,398 shares of company stock worth $4,439,950. Insiders own 2.20% of the company’s stock.

Ross Stores Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Tuesday, June 10th will be paid a $0.405 dividend. The ex-dividend date of this dividend is Tuesday, June 10th. This represents a $1.62 annualized dividend and a dividend yield of 1.18%. Ross Stores’s payout ratio is 25.63%.

About Ross Stores

Ross Stores, Inc, together with its subsidiaries, operates off-price retail apparel and home fashion stores under the Ross Dress for Less and dd’s DISCOUNTS brand names in the United States. Its stores primarily offer apparel, accessories, footwear, and home fashions. The company’s Ross Dress for Less stores sell its products at department and specialty stores to middle income households; and dd’s DISCOUNTS stores sell its products at department and discount stores for households with moderate income.