Ross Stores Announces Quarterly Dividend
The dividend will be payable Sept. 30 to stockholders of record Sept. 8 after Ross raised profit forecasts and reported $253 million in tariff refunds.
- On Thursday, Dublin-based Ross Stores raised its annual profit forecast to $8.61–$8.77 per share after reporting adjusted earnings of $2.06 per share, beating analyst estimates and signaling resilient demand for discounted apparel.
- Ross continues to attract value-conscious shoppers as inflation remains elevated and consumers trade down from specialty apparel chains, with spending ramping up particularly across the Midwest and home categories.
- Second-Quarter revenue rose about 13% to $6.26 billion, surpassing the $6.18 billion analyst estimate, while the retailer received approximately $253 million in tariff refunds during the quarter.
- CEO Jim Conroy called the momentum "durable," citing tax refunds and pent-up demand as partial contributors while raising third-quarter comparable store sales guidance to 6%–7%.
- Rival TJX reported a slowdown at TJ Maxx and Marshalls on Wednesday, while Ross shares rose about 7% in extended trading, underscoring the competitive divergence in off-price retail.
21 Articles
21 Articles
Ross Stores raises annual profit forecast again on discounted apparel demand
By Neil J Kanatt Aug 20 (Reuters) - Value retailer Ross Stores raised its profit forecasts on Thursday after reporting better-than-expected second-quarter results, signaling that demand for discounted apparel and accessories remains resilient in an un...
cachevalleydaily.com
Ross Stores Announces Quarterly Dividend
DUBLIN, Calif., Aug. 19, 2026 /PRNewswire/ -- Ross Stores, Inc. (Nasdaq: ROST) announced today that the Company's Board of Directors declared a regular quarterly cash dividend of $0.445 per common share, payable on September 30, 2026 to stockholders of record…
Ross Stores (ROST) Stock: Jumps as Q2 Sales Surge 13% and EPS Hits $2.66
TLDR Ross Stores Q2 sales rose 13% to $6.3 billion as customer traffic strengthened. Quarterly EPS climbed to $2.66 from $1.56, easily beating prior company guidance. ROST surged 6.79% after hours to $244.53 following the strong earnings report. Ross raised 2026 EPS guidance to 8.61–8.77 after a strong first-half performance. Ross increased its 2026 store opening plan to 115 locations after strong growth. Ross Stores shares jumped in after-hour…
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