Ross Stores is experiencing a powerful earnings inflection, with Q2 2026 revenue growth reaccelerating to 13.3% and gross margin expanding to 33.8%, driving a 70.5% year-over-year increase in EPS.
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue growth has reaccelerated to 13.3% in Q2 2026, fueled by a significant gross margin expansion to 33.8% that is driving operating income growth of 72.3% year-over-year.
Ross Stores Inc. has a wide moat, indicating strong competitive advantages and sustainable long-term profitability.
Top holder Vanguard Group owns 12.2% of Ross Stores, reflecting institutional confidence in the company.
ROST's trailing P/E of 29.80 and forward P/E of 26.81 suggest reasonable valuation relative to earnings growth potential.
Trailing total returns as of 11/7/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q3 2026Latest Aug 20, 2026 | $2.66+36.4% vs $1.95 | $6.3B+1.7% vs $6.2B |
Q2 2026 May 21, 2026 | $2.02+16.8% vs $1.73 | $6.0B+6.5% vs $5.6B |
Q2 2026 Mar 3, 2026 | $2.00+5.3% vs $1.90 | $6.6B+3.4% vs $6.4B |
Q4 2025 Nov 20, 2025 | $1.58+11.3% vs $1.42 | $5.6B+3.4% vs $5.4B |
Ross Stores is expected to release its Q3 earnings later this month. Ahead of the release, shares have soared to new highs, with the stock up over 30% YTD and more than 50% in the last year. Driving the outperformance is the company's continuing appeal of its off-price apparel and home fashion product offerings.
The Madison Mid Cap Fund (Class I) returned -2.09% in the third quarter, compared to the Russell Midcap Index return of -3.00%. The top five contributors for the quarter were Gartner, Medpace Holdings, Ross Stores, Revvity, and Waters Corporation. The bottom five detractors for the quarter were MKS, Floor & Decor Holdings, Carlisle Companies, Moelis and Co., and Glacier Bancorp.
DUBLIN, Calif., Nov. 5, 2026 /PRNewswire/ -- Ross Stores, Inc. (Nasdaq: ROST) plans to release its third quarter 2026 earnings results on Thursday, November 19, 2026 at approximately 4:00 p.m.
In the most recent trading session, Ross Stores (ROST) closed at $230.59, indicating a +1.01% shift from the previous trading day.
Benchmark ROST against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Ross Stores, Inc. (ROST)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $231.09 | $74.74B | 27.84 | 7.67% | 10.85% | 42.34% | 0.71% | |
| $135.30 | $149.47B | 24.91 | 7.12% | 9.73% | 59.77% | 1.21% | |
| $246.76 | $15.53B | 22.08 | 8.76% | 5.85% | 39.82% | — | |
| $90.40 | $5.46B | 19.90 | 16.62% | 9.79% | 14.58% | — | |
| $23.04 | $2.59B | 10.07 | -4.28% | 1.75% | 6.68% | 2.11% | |
| $23.08 | $6.07B | 8.38 | -1.67% | 3.29% | 15.81% | 3.09% |
Ross Stores, Inc. (ROST) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Ross Stores, Inc. (ROST) SEC filings — annual & quarterly reports (10-K, 10-Q)
Aug 20, 2026·SEC
May 27, 2026·SEC
May 21, 2026·SEC
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Ross Stores, Inc. (ROST) stock FAQ — growth, dividends, profitability & financials explained
Ross Stores, Inc. (ROST) reported $24.51B in revenue over the trailing twelve months. Revenue was $22.75B in fiscal year 2025. That is 1246% more than the $1.69B of fiscal year 1996.
Ross Stores, Inc. (ROST) grew revenue by 14.0% over the trailing twelve months, compared with the twelve months before.
Yes. Ross Stores, Inc. (ROST) earned $2.66B in net income over the trailing twelve months (a 10.8% net margin).
Yes. Ross Stores, Inc. (ROST) pays a dividend that yields 0.71% at the current price, a small yield.
Ross Stores, Inc. (ROST) had a return on equity (ROE) of 42.3% over the trailing twelve months. That is well above the market's typical 10-15%.
Ross Stores, Inc. (ROST) generated $2.79B in free cash flow over the trailing twelve months.
