Key Stats for Ross Stores Stock
- Price change for Ross Stores stock: 8%
- $ROST Share Price as of May. 22: $235
- 52-Week High: $231
- $ROST Stock Price Target: $242
Now Live: Discover how much upside your favorite stocks could have using TIKR’s new Valuation Model (It’s free)>>>
What Happened?
Ross Stores (ROST) stock jumped 8% after the off-price retailer posted one of its best quarters in years — and then raised its outlook for the rest of the year.
- Total sales hit $6.0 billion, up 21% from a year ago and $360 million above what Wall Street expected.
- The standout number was comparable store sales, which grew 17%.
- That’s nearly double what analysts had penciled in, and it marks the strongest same-store sales growth in the company’s 40-year history.
CEO Jim Conroy credited the results to more shoppers walking through the door. Traffic was the main driver.
The company also benefited from stronger tax refunds this season, which gave budget-conscious consumers more cash to spend.
Profits followed the sales higher.
- Net income jumped 36%, and
- earnings per share came in at $2.02 — well above both analyst estimates of $1.73 and the company’s own guidance of $1.60 to $1.67.
- The company also ended the quarter with $4.2 billion in cash, up 10% from the prior year.
See analysts’ growth forecasts and price targets for Ross Stores stock (It’s free) >>>
What the Market Is Telling Us About Ross Stores Stock
Ross Stores stock is rallying because this wasn’t just a good quarter — it came with a meaningful upgrade to the full-year outlook.
- The company now expects comparable sales growth of 6% to 7% for fiscal 2026, up from its prior forecast of 3% to 4%.
- Full-year EPS guidance was raised to $7.50 to $7.74, up from $7.02 to $7.36.
- For Q2, Ross expects another 6% to 7% comp gain and EPS of $1.85–$1.93. Both figures top consensus estimates.
The results confirm what off-price retail has been saying for months: value-focused shoppers are showing up, and Ross is capturing them. Growth was broad-based across all age groups, income levels, and merchandise categories.
Ladies apparel and cosmetics were the strongest performers, but every major category grew in the double digits.
The strength of Ross Stores stock after hours also lifted shares of rivals TJX Companies and Burlington Stores, signaling that investors see this as a sector-wide win, not just a Ross-specific story.
With momentum building and new marketing initiatives still in early stages, Ross Stores stock looks well-positioned heading into the back half of the year.
Estimate a company’s fair value instantly (Free with TIKR) >>>
How Much Upside Does Ross Stores Stock Have From Here?
With TIKR’s new Valuation Model tool, you can estimate a stock’s potential share price in under a minute.
All it takes is three simple inputs:
- Revenue Growth
- Operating Margins
- Exit P/E Multiple
If you’re not sure what to enter, TIKR automatically fills in each input using analysts’ consensus estimates, giving you a quick, reliable starting point.
From there, TIKR calculates the potential share price and total returns under Bull, Base, and Bear scenarios so you can quickly see whether a stock looks undervalued or overvalued.
See a stock’s true value in under 60 seconds (Free with TIKR) >>>
Looking for New Opportunities?
- See what stocks billionaire investors are buying so you can follow the smart money.
- Analyze stocks in as little as 5 minutes with TIKR’s all-in-one, easy-to-use platform.
- The more rocks you overturn… the more opportunities you’ll uncover. Search 100K+ global stocks, global top investor holdings, and more with TIKR.
Disclaimer:
Please note that the articles on TIKR are not intended to serve as investment or financial advice from TIKR or our content team, nor are they recommendations to buy or sell any stocks. We create our content based on TIKR Terminal’s investment data and analysts’ estimates. Our analysis might not include recent company news or important updates. TIKR has no position in any stocks mentioned. Thank you for reading, and happy investing!
