Ross Stores Crushes Q4 Earnings, Boosts Dividend 10%, Announces $2.55B Buyback
ROST sits 70% above its 52-week low of $122.36 on elevated volume (1.8× avg).
Summary
Ross Stores reported fourth-quarter earnings per share of $2.00, significantly exceeding its guidance of $1.77 to $1.85, driven by a robust 9% comparable store sales increase and 12% total sales growth. The company also announced a new two-year $2.55 billion share repurchase authorization, representing a 21% increase over the prior program, and a 10% increase in its quarterly cash dividend to $0.445 per share. Furthermore, Ross Stores provided strong first-quarter and fiscal 2026 guidance, projecting continued positive momentum. This comprehensive positive report, including a substantial earnings beat, strong outlook, and enhanced shareholder returns, is highly material and likely to drive the stock higher.
At the time of this announcement, ROST was trading at $207.50 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $63.9B. The 52-week trading range was $122.36 to $206.40. This news item was assessed with positive market sentiment and an importance score of 9 out of 10. Source: Dow Jones Newswires.