Ross Stores Q1 Revenue Hits $6.01B, EPS $2.02 on Strong 17% Comparable Sales Growth
Summary
Ross Stores reported strong first-quarter 2026 results, with revenue reaching $6.01 billion and diluted EPS of $2.02. Sales surged 21% year-over-year, primarily driven by a robust 17% increase in comparable store sales. This news summarizes the detailed 10-Q filing from earlier today, which confirmed the strong Q1 performance and margin improvements. The significant growth in key metrics demonstrates strong operational execution and resilient consumer demand for the off-price retailer. The company plans to open approximately 110 new stores in fiscal 2026, with 47 scheduled for the next quarter.
At the time of this announcement, ROST was trading at $223.82 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $72.1B. The 52-week trading range was $124.49 to $237.41. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Wiseek News.