ROST Q3 2026 Earnings
Reported Nov 20, 2025 at 4:03 PM ET · SEC Source
Q3 26 EPS
$1.58
BEAT +10.90%
Est. $1.42
Q3 26 Revenue
$5.60B
BEAT +3.53%
Est. $5.41B
vs S&P Since Q3 26
+29.9%
BEATING MARKET
ROST +39.2% vs S&P +9.4%
Market Reaction
Did ROST Beat Earnings? Q3 2026 Results
Ross Stores posted a blowout third quarter, reporting diluted EPS of $1.58 against a consensus estimate of $1.42, a beat of 10.90%, even as tariff-related costs trimmed roughly $0.05 per share from the result. Revenue climbed 10.4% year over year to … Read more Ross Stores posted a blowout third quarter, reporting diluted EPS of $1.58 against a consensus estimate of $1.42, a beat of 10.90%, even as tariff-related costs trimmed roughly $0.05 per share from the result. Revenue climbed 10.4% year over year to $5.60 billion, clearing the $5.41 billion estimate by 3.53%, powered by a 7% comparable store sales increase that CEO Jim Conroy attributed to an exceptional back-to-school season and a new marketing campaign that visibly lifted customer engagement. Operating margin reached 11.6%, described by management as "much stronger than expected," reflecting disciplined expense control layered on top of the top-line surge, a contrast worth noting for investors watching margin pressure elsewhere in retail. Looking ahead, Ross raised full-year fiscal 2025 EPS guidance to $6.38–$6.46, absorbing approximately $0.16 per share in tariff costs, while fourth-quarter EPS is projected at $1.77–$1.85 on comparable sales growth of 3%–4%. Multiple analysts raised their price targets following the report.
Key Takeaways
- • Comparable store sales increased 7% in Q3
- • Total sales grew 10% year-over-year to $5.6 billion
- • Operating margin of 11.6%, much stronger than expected
- • Excellent back-to-school season with strong trends continuing through balance of quarter
- • Broad-based sales growth across merchandise areas and geographical regions
- • New marketing campaign drove excitement and higher customer engagement
- • Continued focus on expense control
ROST YoY Financials
Q3 2026 vs Q3 2025, source: SEC Filings
“We are pleased with our third quarter sales results, which accelerated from the prior quarter. Our merchandise assortment of compelling brand name values resonated with shoppers, and our new marketing campaign drove excitement and higher customer engagement. We had an excellent back-to-school season with strong trends that continued through the balance of the quarter. The strong execution by the entire team led to broad-based sales growth across merchandise areas and geographical regions. The strength in top-line, coupled with our continued focus on expense control, resulted in an operating margin of 11.6% that was much stronger than expected.”
— Jim Conroy, Q3 2026 Earnings Press Release
ROST Earnings Trends
ROST vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
ROST EPS Trend
Earnings per share: estimate vs actual
ROST Revenue Trend
Quarterly revenue: estimate vs actual
ROST Quarterly Results
4 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q4 26 BEAT FY | $1.85 | $2.00 | +8.11% | $6.64B | — |
| FY Full Year | $6.51 | $6.61 | +1.52% | $22.75B | +0.88% |
| Q3 26 BEAT | $1.42 | $1.58 | +10.90% | $5.60B | +3.53% |
| Q2 26 BEAT | $1.54 | $1.56 | +1.41% | $5.53B | -0.23% |
| Q1 26 BEAT | $1.43 | $1.47 | +2.46% | $4.98B | +0.58% |