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.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy ROST?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
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: 233.250
Low
142.00
Averages
198.93
High
224.00
Current: 233.250
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.
Retail Stocks Rally as Analysts Turn Bullish on Earnings Growth
- Casey's Strong Performance: Casey's General Stores operates nearly 3,000 locations in the Midwest, benefiting from strong demand for prepared foods, beverages, and fuel, consistently exceeding market expectations and driving earnings growth while enhancing its competitive position.
- Ross Attracts Value Seekers: As an off-price retailer, Ross Stores successfully draws in value-seeking consumers with discounted brand-name merchandise and a unique shopping experience, maintaining healthy profitability despite inflationary pressures.
- Dillard's Steady Growth: Dillard's has consistently achieved strong margins and impressive free cash flow through disciplined inventory management and expense controls, leveraging its financial strength to reward shareholders, showcasing its advantages in a competitive retail landscape.
- Investor Interest in Retail Stocks: With rising earnings expectations, Casey's, Ross, and Dillard's have become focal points for investors, demonstrating growth potential in the retail sector and attracting growth-oriented investors seeking opportunities.
See More
Futures Rise on Iran Deal Hopes Amid Oil Price Drop
- Futures Market Surge: Futures prices have risen on optimistic expectations surrounding a potential Iran deal, indicating increased market confidence in future economic recovery, which may attract more investors.
- Significant Oil Price Drop: Oil prices have sharply declined due to expectations of restored Iranian oil supply, which will impact the global energy market's supply-demand balance and could pressure profits for related companies.
- SpaceX IPO Trading Launch: The SpaceX IPO is set to begin trading, expected to draw significant investor interest, potentially bringing new capital inflows to the company and driving its future growth.
- Increased Market Volatility: With the sharp fluctuations in futures and oil prices, investors need to closely monitor market dynamics to adjust their investment strategies promptly and seize potential profit opportunities.
See More
Trump Cancels Iran Strikes, Markets Rally
- Market Rally: Trump's cancellation of military strikes against Iran led to a jump in the S&P 500 and Nasdaq, although they remain below key levels, indicating market sensitivity to geopolitical risks.
- SpaceX IPO Pricing: SpaceX's IPO is priced at $135 per share, marking a significant step for the company in the capital markets, which is expected to provide funding for future expansion and R&D efforts.
- CrowdStrike Buy Signal: Cybersecurity firm CrowdStrike flashed a new buy signal, indicating market confidence in its growth potential, which may attract more investors to its stock performance.
- Investor Sentiment Fluctuations: Despite the market rebound due to Trump's decision, overall investor sentiment remains influenced by geopolitical and economic data, reflecting uncertainty and volatility in the market.
See More
AVLV Stock Price Analysis and ETF Dynamics
- Price Fluctuation Analysis: AVLV's 52-week low is $66.35 and high is $91.56, with the current trading price at $90.61, indicating the stock is nearing its high point, which may attract investor interest.
- Technical Analysis Tool: Comparing the current stock price to the 200-day moving average can provide valuable technical insights for investors, aiding in market trend assessments.
- ETF Trading Mechanism: Exchange-traded funds (ETFs) trade similarly to stocks, where investors are buying and selling 'units' that can be created or destroyed based on demand, impacting the liquidity of underlying assets.
- Inflows and Outflows Monitoring: Weekly monitoring of changes in ETF shares outstanding focuses on notable inflows (new units created) or outflows (old units destroyed), which directly affects the performance of individual stocks held within the ETFs.
See More
Analysts Recommend Strong Stocks Amid Market Highs
- Strong Market Performance: U.S. stock markets reached record highs in May, with the three major indexes rising 3%, 5%, and 8%, reflecting robust investor confidence and signs of economic recovery, which are expected to continue driving market gains.
- Microchip Technology Growth Potential: Microchip Technology (MCHP) anticipates revenue and earnings growth rates of 31.5% and 84.2% for FY 2027, respectively, with the launch of its 3-nanometer PCIe Gen 6 switch enhancing its competitiveness in the AI infrastructure market.
- Ross Stores Expansion Plans: Ross Stores (ROST) reported a 21% sales growth in Q1, with plans to expand to 2,900 Ross Dress for Less and 700 dd's DISCOUNTS stores, demonstrating strong market demand and growth potential.
- MasTec Data Center Demand: MasTec (MTZ) benefits from AI-driven data center demand, expecting revenue and earnings growth rates of 22% and 35.3% for FY 2027, with its integrated capabilities in data center projects enhancing market share.
See More
Berkshire Acquires Taylor Morrison for $6.8 Billion, Marking Strategic Real Estate Move
- Acquisition Deal: Berkshire Hathaway has agreed to acquire Taylor Morrison Home for $6.8 billion, paying $72.50 per share in cash, which reflects a 24% premium over last week's closing price, marking a significant move under new CEO Greg Abel and further solidifying the company's position in the real estate sector.
- Market Reaction: Shares of Taylor Morrison surged approximately 22% in premarket trading, indicating a positive market response to the acquisition, despite Berkshire's B shares underperforming the S&P 500 by their largest margin this year.
- Startup Struggles: According to PitchBook, nearly half of U.S. unicorn startups have not raised funding in three years, with many once-billion-dollar companies like Glossier and The Farmer's Dog now classified as
See More
Retail Stocks Rally as Analysts Turn Bullish on Earnings Growth
- Casey's Strong Performance: Casey's General Stores operates nearly 3,000 locations in the Midwest, benefiting from strong demand for prepared foods, beverages, and fuel, consistently exceeding market expectations and driving earnings growth while enhancing its competitive position.
- Ross Attracts Value Seekers: As an off-price retailer, Ross Stores successfully draws in value-seeking consumers with discounted brand-name merchandise and a unique shopping experience, maintaining healthy profitability despite inflationary pressures.
- Dillard's Steady Growth: Dillard's has consistently achieved strong margins and impressive free cash flow through disciplined inventory management and expense controls, leveraging its financial strength to reward shareholders, showcasing its advantages in a competitive retail landscape.
- Investor Interest in Retail Stocks: With rising earnings expectations, Casey's, Ross, and Dillard's have become focal points for investors, demonstrating growth potential in the retail sector and attracting growth-oriented investors seeking opportunities.
See More
Futures Rise on Iran Deal Hopes Amid Oil Price Drop
- Futures Market Surge: Futures prices have risen on optimistic expectations surrounding a potential Iran deal, indicating increased market confidence in future economic recovery, which may attract more investors.
- Significant Oil Price Drop: Oil prices have sharply declined due to expectations of restored Iranian oil supply, which will impact the global energy market's supply-demand balance and could pressure profits for related companies.
- SpaceX IPO Trading Launch: The SpaceX IPO is set to begin trading, expected to draw significant investor interest, potentially bringing new capital inflows to the company and driving its future growth.
- Increased Market Volatility: With the sharp fluctuations in futures and oil prices, investors need to closely monitor market dynamics to adjust their investment strategies promptly and seize potential profit opportunities.
See More
Trump Cancels Iran Strikes, Markets Rally
- Market Rally: Trump's cancellation of military strikes against Iran led to a jump in the S&P 500 and Nasdaq, although they remain below key levels, indicating market sensitivity to geopolitical risks.
- SpaceX IPO Pricing: SpaceX's IPO is priced at $135 per share, marking a significant step for the company in the capital markets, which is expected to provide funding for future expansion and R&D efforts.
- CrowdStrike Buy Signal: Cybersecurity firm CrowdStrike flashed a new buy signal, indicating market confidence in its growth potential, which may attract more investors to its stock performance.
- Investor Sentiment Fluctuations: Despite the market rebound due to Trump's decision, overall investor sentiment remains influenced by geopolitical and economic data, reflecting uncertainty and volatility in the market.
See More
AVLV Stock Price Analysis and ETF Dynamics
- Price Fluctuation Analysis: AVLV's 52-week low is $66.35 and high is $91.56, with the current trading price at $90.61, indicating the stock is nearing its high point, which may attract investor interest.
- Technical Analysis Tool: Comparing the current stock price to the 200-day moving average can provide valuable technical insights for investors, aiding in market trend assessments.
- ETF Trading Mechanism: Exchange-traded funds (ETFs) trade similarly to stocks, where investors are buying and selling 'units' that can be created or destroyed based on demand, impacting the liquidity of underlying assets.
- Inflows and Outflows Monitoring: Weekly monitoring of changes in ETF shares outstanding focuses on notable inflows (new units created) or outflows (old units destroyed), which directly affects the performance of individual stocks held within the ETFs.
See More
Analysts Recommend Strong Stocks Amid Market Highs
- Strong Market Performance: U.S. stock markets reached record highs in May, with the three major indexes rising 3%, 5%, and 8%, reflecting robust investor confidence and signs of economic recovery, which are expected to continue driving market gains.
- Microchip Technology Growth Potential: Microchip Technology (MCHP) anticipates revenue and earnings growth rates of 31.5% and 84.2% for FY 2027, respectively, with the launch of its 3-nanometer PCIe Gen 6 switch enhancing its competitiveness in the AI infrastructure market.
- Ross Stores Expansion Plans: Ross Stores (ROST) reported a 21% sales growth in Q1, with plans to expand to 2,900 Ross Dress for Less and 700 dd's DISCOUNTS stores, demonstrating strong market demand and growth potential.
- MasTec Data Center Demand: MasTec (MTZ) benefits from AI-driven data center demand, expecting revenue and earnings growth rates of 22% and 35.3% for FY 2027, with its integrated capabilities in data center projects enhancing market share.
See More
Berkshire Acquires Taylor Morrison for $6.8 Billion, Marking Strategic Real Estate Move
- Acquisition Deal: Berkshire Hathaway has agreed to acquire Taylor Morrison Home for $6.8 billion, paying $72.50 per share in cash, which reflects a 24% premium over last week's closing price, marking a significant move under new CEO Greg Abel and further solidifying the company's position in the real estate sector.
- Market Reaction: Shares of Taylor Morrison surged approximately 22% in premarket trading, indicating a positive market response to the acquisition, despite Berkshire's B shares underperforming the S&P 500 by their largest margin this year.
- Startup Struggles: According to PitchBook, nearly half of U.S. unicorn startups have not raised funding in three years, with many once-billion-dollar companies like Glossier and The Farmer's Dog now classified as
See More
