ROST Q1 2026

Q4 2026 Q3 2026 Q2 2026 Q1 2026

Earnings

Ross Stores delivered a modest but clean beat in Q1 fiscal 2026, posting diluted EPS of $1.47 against a consensus estimate of $1.43, a 2.46% positive surprise, while revenue of $4.98 billion edged past expectations by 0.58% and grew 2.6% year-over-ye… Read more Ross Stores delivered a modest but clean beat in Q1 fiscal 2026, posting diluted EPS of $1.47 against a consensus estimate of $1.43, a 2.46% positive surprise, while revenue of $4.98 billion edged past expectations by 0.58% and grew 2.6% year-over-year. The headline numbers, however, tell only part of the story: net income actually slipped to $479 million from $488 million a year ago, with the EPS gain sustained largely by ongoing share buybacks that trimmed the diluted share count from 333.7 million to 327 million. CEO Jim Conroy noted the quarter opened slowly in February before accelerating meaningfully through March and April, with comparable store sales finishing flat for the period. The more consequential development was management's decision to withdraw full-year guidance entirely, citing tariff uncertainty, a pointed signal given that more than half of Ross's merchandise originates from China. For Q2, the company projects EPS of $1.40 to $1.55, embedding an estimated $0.11 to $0.16 per share tariff hit, making Ross's appeal as one of the more resilient off-price retailers a harder case to make in the near term.