Ross Stores raises annual forecast on resilient demand
21/05/2026 21:16
May 21 (Reuters) - Value retailer Ross Stores ROST.O raised its annual comparable sales and profit forecast, betting on resilient demand for its discounted apparel and accessories despite looming macroeconomic uncertainty. It now expects annual same-store sales to rise 6% to 7%, compared with its previous forecast of 3% to 4% growth. Ross also projected fiscal 2026 earnings per share of $7.50 to $7.74, up from its previous forecast of $7.02 to $7.36. (Reporting by Krisha Bhatt in Bengaluru; Editing by Diti Pujara) ((Krisha.Bhatt@thomsonreuters.com;))
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