Discount retailer Ross Stores' Q4 sales rise

Ross Stores

03/03/2026 21:11

Overview

Off-price retailer's Q4 sales grew 12%, beating analyst expectations

Company announced new $2.55 bln stock repurchase authorization

Quarterly cash dividend increased by 10% to $0.445 per share

Outlook

Ross Stores forecasts Q1 comparable store sales growth of 7% to 8%

Fiscal 2026 EPS projected at $7.02 to $7.36

Company projects fiscal 2026 same store sales growth of 3% to 4%

Result Drivers

MERCHANDISE ASSORTMENTS - Strong sales performance driven by compelling merchandise assortments during holiday season

Company press release: ID:nPn53CNc6a

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
Beat
$6.64 bln
$6.41 bln (14 Analysts)
Q4 EPS
$2
Q4 Net Income
$645.87 mln
Q4 comparable store sales Growth
9%
Q4 Operating Margin
12.3%
Q4 Pretax Profit
$848.26 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy", 6 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the apparel & accessories retailers peer group is "buy"

Wall Street's median 12-month price target for Ross Stores Inc is $214.00, about 5.8% above its March 2 closing price of $202.30

The stock recently traded at 28 times the next 12-month earnings vs. a P/E of 25 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)