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Ross Stores Announces Quarterly Dividend
- On Thursday, Dublin-based Ross Stores raised its profit forecasts after reporting better-than-expected second-quarter results, with adjusted earnings of $2.06 per share beating analyst estimates.
- Ross continues to attract value-conscious shoppers as inflation remains elevated, with consumers trading down from specialty apparel chains to manage discretionary spending.
- Second-Quarter revenue rose about 13% to $6.26 billion, surpassing the $6.18 billion analyst estimate, while the retailer received about $253 million in tariff refunds.
- CEO Jim Conroy called the momentum "durable," raising annual earnings guidance to $8.61 to $8.77 per share from the prior $7.50 to $7.74 outlook.
- Rival TJX reported a slowdown at TJ Maxx and Marshalls on Wednesday, while Ross shares rose about 7% in extended trading following the strong results.
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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+14 Reposted by 14 other sources
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…
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Total News Sources23
Leaning Left2Leaning Right1Center16Last UpdatedBias Distribution84% Center
Bias Distribution
- 84% of the sources are Center
84% Center
11%
C 84%
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