PREVIEW: Ross Stores dips with TJX, Walmart; Ross results due after the bell

The TJX Companies

20/08/2026 19:27

** Shares of Ross Stores ROST.O are down 2.2% at $229.44 on Thurs ahead of qtrly results, due after the bell, with focus on consumer demand after rival TJX TJX.N reported a slowdown at its TJ Maxx and Marshalls discount apparel chains in Q2 and Walmart WMT.O posted its slowest quarterly comparable sales growth in six years
** Ross is expected to report a jump in Q2 rev to $6.18 bln vs $5.53 bln a yr ago, and adj EPS of $1.94 vs $1.56 a yr ago, per LSEG
** In May, ROST raised its annual forecast on resilient demand
** TJX shares are down 2.3% on Thurs, while Walmart WMT.O is down more than 9%
** Analyst recommendations on ROST include 14 "buy" or "strong buy" ratings and seven "hold" ratings, per LSEG
** The median 12-mo PT on the stock is $265
** Including the session move, ROST has jumped about 27% YTD, outperforming the Nasdaq's .IXIC roughly 12% rise
     

(Reporting by Caroline Valetkevitch )
((caroline.valetkevitch@thomsonreuters.com))