Q2 EPS Estimates for Ross Stores Cut by Zacks Research

Ross Stores, Inc. (NASDAQ:ROST) – Zacks Research reduced their Q2 2026 earnings per share (EPS) estimates for Ross Stores in a research note issued on Thursday, June 5th. Zacks Research analyst R. Lohia now forecasts that the apparel retailer will post earnings of $1.53 per share for the quarter, down from their prior estimate of $1.62. The consensus estimate for Ross Stores’ current full-year earnings is $6.17 per share. Zacks Research also issued estimates for Ross Stores’ Q3 2026 earnings at $1.45 EPS, Q4 2026 earnings at $1.72 EPS, Q2 2027 earnings at $1.73 EPS, Q3 2027 earnings at $1.67 EPS, Q4 2027 earnings at $1.78 EPS, FY2027 earnings at $6.75 EPS, Q1 2028 earnings at $1.69 EPS and FY2028 earnings at $7.18 EPS.

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

Several other equities research analysts have also weighed in on the company. Loop Capital cut their target price on Ross Stores from $175.00 to $170.00 and set a “buy” rating on the stock in a research report on Friday, May 23rd. Citigroup raised Ross Stores from a “neutral” rating to a “buy” rating and set a $146.00 target price on the stock in a research report on Thursday, April 3rd. Telsey Advisory Group reissued a “market perform” rating and set a $150.00 target price on shares of Ross Stores in a research report on Friday, May 23rd. BMO Capital Markets cut their target price on Ross Stores from $168.00 to $156.00 and set an “outperform” rating on the stock in a research report on Wednesday, March 5th. Finally, Wells Fargo & Company cut their target price on Ross Stores from $155.00 to $150.00 and set an “overweight” rating on the stock in a research report on Friday, May 23rd. Five investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $158.67.

Ross Stores Stock Down 1.5%

Shares of NASDAQ ROST opened at $140.08 on Monday. The company has a market capitalization of $46.06 billion, a price-to-earnings ratio of 22.06, a price-to-earnings-growth ratio of 2.13 and a beta of 1.14. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.57 and a quick ratio of 0.98. The business has a 50-day moving average of $141.39 and a two-hundred day moving average of $142.93. Ross Stores has a 1 year low of $122.36 and a 1 year high of $163.60.

Ross Stores Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Tuesday, June 10th will be issued a $0.405 dividend. This represents a $1.62 dividend on an annualized basis and a dividend yield of 1.16%. The ex-dividend date is Tuesday, June 10th. Ross Stores’s payout ratio is currently 25.59%.

Insider Activity

In related news, COO Michael J. Hartshorn sold 7,492 shares of the company’s stock in a transaction on Monday, March 24th. The stock was sold at an average price of $127.69, for a total transaction of $956,653.48. Following the transaction, the chief operating officer now owns 139,091 shares of the company’s stock, valued at $17,760,529.79. This represents a 5.11% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Chairman Michael Balmuth sold 11,261 shares of the company’s stock in a transaction on Wednesday, April 2nd. The stock was sold at an average price of $131.60, for a total value of $1,481,947.60. Following the transaction, the chairman now directly owns 59,790 shares in the company, valued at $7,868,364. This represents a 15.85% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 34,398 shares of company stock valued at $4,439,950. Company insiders own 2.20% of the company’s stock.

Institutional Trading of Ross Stores

A number of institutional investors have recently bought and sold shares of ROST. Larson Financial Group LLC boosted its position in Ross Stores by 152.9% during the fourth quarter. Larson Financial Group LLC now owns 177 shares of the apparel retailer’s stock worth $27,000 after purchasing an additional 107 shares in the last quarter. Golden State Wealth Management LLC boosted its position in Ross Stores by 50.7% during the first quarter. Golden State Wealth Management LLC now owns 217 shares of the apparel retailer’s stock worth $28,000 after purchasing an additional 73 shares in the last quarter. Banque Transatlantique SA purchased a new stake in Ross Stores during the first quarter worth $29,000. BOK Financial Private Wealth Inc. purchased a new stake in Ross Stores during the fourth quarter worth $31,000. Finally, Bayforest Capital Ltd boosted its position in Ross Stores by 372.5% during the first quarter. Bayforest Capital Ltd now owns 241 shares of the apparel retailer’s stock worth $31,000 after purchasing an additional 190 shares in the last quarter. 86.86% of the stock is currently owned by hedge funds and other institutional investors.

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.