Ross Stores gains on better-than-expected sales forecast

Ross Stores

03/03/2026 22:15

** Discount store operator Ross Stores' ROST.O shares rise 6% to $209.88 after hours

** Co forecasts annual sales above analysts' average estimates, betting on resilient demand for its discounted apparel

** Expects annual same-store sales growth of 3% to 4%, compared with analysts' estimate of a 3.05% increase - LSEG data

** Comparable sales rise 9% in Q4, compared with estimates of 4.03% rise

** Co reports 12.2% rise in Q4 sales to $6.63 billion, vs analysts' avg. estimate of $6.41 bln - data compiled by LSEG

** As of Tuesday's close, stock had risen 9.7% YTD

 (Reporting by Pranav Mathur in Bengaluru)

 ((Pranav.Mathur@thomsonreuters.com;))