Ross Stores Raises Sales and Profit Forecast Amid Resilient Demand
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 21 2026
0mins
Source: Newsfilter
Ross Stores Inc. experienced a significant price increase of 6.92%, reaching a 52-week high, as the company raised its sales and profit forecasts amid strong consumer demand for discounted apparel and accessories.
The company upgraded its annual same-store sales forecast from 3%-4% to 6%-7%, reflecting robust demand despite inflationary pressures. Additionally, Ross Stores anticipates annual earnings per share to rise to between $7.50 and $7.74, up from a previous forecast of $7.02 to $7.36, showcasing confidence in maintaining profitability. The CEO noted a healthy increase in customer count across various demographics, indicating successful strategies to attract budget-conscious shoppers.
This optimistic outlook and strong quarterly performance, with comparable sales rising 17% and earnings per share exceeding expectations, suggest that Ross Stores is well-positioned for continued growth in a competitive retail environment.
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Analyst Views on ROST
Wall Street analysts forecast ROST stock price to fall
16 Analyst Rating
13 Buy
3 Hold
0 Sell
Strong Buy
Current: 211.360
Low
142.00
Averages
198.93
High
224.00
Current: 211.360
Low
142.00
Averages
198.93
High
224.00
About ROST
Ross Stores, Inc. is engaged in operating two brands of off-price retail apparel and home fashion stores-Ross Dress for Less (Ross) and dds DISCOUNTS. Ross is the off-price apparel and home fashion chain in the United States, with approximately 1,904 locations in 44 states, the District of Columbia, Guam, and Puerto Rico. Ross offers in-season, name brand and designer apparel, accessories, footwear, and home fashions for the entire family at savings of 20% to 60% off department and specialty store regular prices every day. Ross target customers are primarily from middle-income households. It also operates approximately 363 dds DISCOUNTS stores in 22 states. dds DISCOUNTS features more moderately priced in- season, name brand apparel, accessories, footwear, and home fashions for the entire family at savings of 20% to 70% off moderate department and discount store regular prices every day. It operates a total of approximately 2,186 stores.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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