Ross Stores Inc (NASDAQ:ROST) shares jumped about 6% in early trade on Wednesday after the off-price retailer reported stronger-than-expected fourth-quarter results and issued fiscal 2026 guidance calling for further sales and earnings growth. For the quarter ended January 31, 2026, total sales increased 12% to $6.6 billion, ahead of Wall Street expectations of approximately $6.37 billion.
Off-price retailer Ross Stores saw “robust” comparable store sales growth in the fourth quarter, crediting the expansion in part to its success in drawing shoppers away from mainstream retailers. The company's comparable store sales were up 9% for the quarter ended Jan.
Ross Stores, Inc. (ROST) Q4 2026 Earnings Call Transcript
Ross Stores (ROST) came out with quarterly earnings of $2 per share, beating the Zacks Consensus Estimate of $1.88 per share. This compares to earnings of $1.79 per share a year ago.
Shares of Ross Stores jumped on Tuesday after the off-price clothing and home-goods chain said it expects sales gains this year, following what management said was a solid start to the spring shopping season.
CEO Jim Conroy said underlying trends steadily improved over the course of the company's recent fiscal year and that the spring season is off to a strong start.
Ross Stores forecast its annual sales above Wall Street estimates on Tuesday, betting on resilient demand for its discounted apparel and accessories amid looming macroeconomic uncertainty.
Does Ross Stores (ROST) have what it takes to be a top stock pick for momentum investors? Let's find out.
In the most recent trading session, Ross Stores (ROST) closed at $205.64, indicating a +1.05% shift from the previous trading day.
ROST's Q4 results are likely to reflect growth with strong comps, broad merchandise strength and a proven off-price model driving momentum.
Here is how Ross Stores (ROST) and Dillard's (DDS) have performed compared to their sector so far this year.
In the latest trading session, Ross Stores (ROST) closed at $200.38, marking a +1.09% move from the previous day.