Ross Stores (ROST) shares moved higher after the off-price retailer delivered second-quarter results that exceeded Wall Street expectations on both revenue and earnings.<\/p>\n\n\n\n
Ross reported quarterly revenue of approximately $6.27 billion<\/strong>, topping analyst estimates of $6.18 billion. Earnings came in at $2.66 per share<\/strong>, significantly ahead of expectations of $1.94 per share.<\/p>\n\n\n\n Total revenue increased 13% year-over-year<\/strong>, while comparable store sales jumped 10%<\/strong>, driven primarily by stronger customer traffic. CEO Jim Conroy said the growth reflected both an increase in new customers and greater engagement from existing shoppers.<\/p>\n\n\n\n The results suggest Ross continues to benefit from consumers searching for value while maintaining strong merchandise offerings and improving its in-store experience.<\/p>\n\n\n\n Perhaps the biggest positive for investors was the company\u2019s substantially improved outlook. Ross raised its fiscal 2026 earnings guidance from $7.50 to $7.74 per share<\/strong> to a new range of $8.61 to $8.77<\/strong>, well above the $7.79 analyst estimate.<\/p>\n\n\n\n Management also expects third-quarter earnings of $1.75 to $1.83 per share and fourth-quarter earnings of $2.17 to $2.26, with both forecasts exceeding current Wall Street expectations.<\/p>\n\n\n\n Ross is also returning significant capital to shareholders. The company repurchased 1.4 million shares for $319 million<\/strong> during the quarter and remains on track to buy back $1.275 billion of stock during fiscal 2026.<\/p>\n\n\n\n With accelerating comparable sales, rising traffic and a major earnings guidance increase, Ross Stores\u2019 second-quarter report provided investors with several reasons for optimism heading into the second half of the year.<\/p>\n","protected":false},"excerpt":{"rendered":" Strong customer traffic, double-digit comparable sales growth and a sharply higher full-year outlook helped Ross Stores deliver a standout second quarter. Ross Stores (ROST) shares moved higher after the off-price retailer delivered second-quarter results that exceeded Wall Street expectations on both revenue and earnings. Ross reported quarterly revenue of approximately $6.27 billion, topping analyst estimates […]<\/p>\n","protected":false},"author":2,"featured_media":1444,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"jnews_override_counter":[],"jnews_post_split":[]},"categories":[407,361,321,381],"tags":[421,416,418,1037,417],"coauthors":[454],"_links":{"self":[{"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/posts\/11091"}],"collection":[{"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/comments?post=11091"}],"version-history":[{"count":2,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/posts\/11091\/revisions"}],"predecessor-version":[{"id":11093,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/posts\/11091\/revisions\/11093"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/media\/1444"}],"wp:attachment":[{"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/media?parent=11091"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/categories?post=11091"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/tags?post=11091"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/coauthors?post=11091"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}