Why did Ross Stores (ROST) stock move recently?

On 8/21/2026, Ross Stores moved +9.0% — Ross Stores jumped after Thursday-evening Q2 results came in far ahead of guidance: EPS of $2.66 (vs company guidance of $1.85-$1.93) on sales of $6.3bn, up 13%, with comparable-store sales up 10% on higher customer traffic. Results included roughly $253mn (about $0.60/share) of IEEPA tariff refunds, and the company raised its FY26 EPS outlook to $8.61-$8.77. This is MarketChacha's decoded reason from filings and credible news; it is education, not buy/sell advice.

Is Ross Stores (ROST) overvalued or fairly valued?

MarketChacha shows Ross Stores's valuation in context — a trailing P/E of about 34.8, a forward P/E of about 25.8, a price-to-book of about 10.9 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does Ross Stores's reported profit turn into cash?

Over 4 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (1.26×) from reported figures — education, not a rating.

What is Ross Stores's revenue?

Ross Stores reported revenue of $22.8B for FY2026, with net profit of $2.1B, per official filings.

What is the share price of Ross Stores (ROST)?

Ross Stores last traded at $230.69 (-0.4% on the day), as of 9/4/2026 — a delayed quote shown for education, not investment advice.

Ross Stores

ROST · NASDAQ · Consumer Discretionary · United States

Snapshot

TickerROST

ExchangeNASDAQ

SectorConsumer Discretionary

IndustryApparel Retail

CountryUnited States

Employees111,000

HeadquartersDublin, United States

Websitewww.rossstores.com

Filings tracked11

About Ross Stores

Ross Stores, Inc., together with its subsidiaries, operates off-price retail apparel and home fashion stores under the Ross Dress for Less and dd's DISCOUNTS brands in the United States. The company offers designer apparel, accessories, footwear, and home-fashioned products for the entire family. It sells its products to middle income households and households with lower to more moderate incomes. Ross Stores, Inc. was incorporated in 1957 and is headquartered in Dublin, California.

Who owns it

Insiders2.1%
Institutions95.7%
Public & other2.1%

1,931 institutional holders

Ownership breakdown from public market data.

Top holders

Blackrock Inc.8.73%
Vanguard Capital Management LLC6.59%
State Street Corporation4.58%
Vanguard Portfolio Management LLC4.54%
Invesco Ltd.3.86%
FMR, LLC3.44%
Bank of America Corporation2.98%
Primecap Management Company2.85%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

No major accounting red flags in the fundamentals we have — profit is backed by cash and returns look healthy.

Cash conversion1.26×

Over 4 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend8.1% → 9.4%

Margin has expanded by about 1.3 points — the business is getting more profitable.

Return on equity34.7%

Latest ROE of 34.7% — capital is generating a healthy return.

Growth qualityrev 7% · PAT 12%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $7.2B · EPS 2.25

Est. earnings growth +12.8%

Next fiscal year

Rev $27.4B · EPS 8.91

Est. earnings growth +6.9%

Analyst consensus estimates — not the company's own guidance.

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P/E ROE ROCE Margins Market cap

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2026)

$22.8B

Net margin

9.4%

ROE

34.7%

Revenue CAGR (3y)

+6.8%

Profit CAGR (3y)

+12.4%

EPS (FY2026)

6.61

Net profit (FY2026)

$2.1B

Ask MarketChacha about ROST

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Why it moved

Aug 21, 2026
Ross Stores jumped after Thursday-evening Q2 results came in far ahead of guidance: EPS of $2.66 (vs company guidance of $1.85-$1.93) on sales of $6.3bn, up 13%, with comparable-store sales up 10% on higher customer traffic. Results included roughly $253mn (about $0.60/share) of IEEPA tariff refunds, and the company raised its FY26 EPS outlook to $8.61-$8.77.
source 1 ↗source 2 ↗· confidence: high

Daily moves with the verified reason behind them. Education only — not investment advice.

On MarketChacha

Posts about ROST

Why did Ross Stores jump ~9%? Its Q2 profit crushed estimates — but a tax refund did a lot of the liftingc/usmarkets · 8/21/2026▲ 1

Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2026	$22.8B	$2.1B	6.61	9.4%	34.7%
FY2025	$21.1B	$2.1B	6.32	9.9%	37.9%
FY2024	$20.4B	$1.9B	5.56	9.2%	38.5%
FY2023	$18.7B	$1.5B	4.38	8.1%	35.3%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q2	$6.0B	$650.0M	2.02	10.8%
2025Q4	$5.6B	$511.9M	1.58	9.1%
2025Q3	$5.5B	$508.0M	1.56	9.2%
2025Q2	$5.0B	$479.2M	1.47	9.6%
2024Q4	$5.1B	$488.8M	1.48	9.6%
2024Q3	$5.3B	$527.1M	1.59	10.0%
2024Q2	$4.9B	$488.0M	1.46	10.0%
2023Q4	$4.9B	$447.3M	1.33	9.1%
2023Q3	$4.9B	$446.3M	1.32	9.0%
2023Q2	$4.5B	$371.2M	1.09	8.3%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

10-Q filing
SEC6/2/2026
8-K — Shareholder vote results
SEC5/27/2026material
8-K — Results of operations, Exhibits
SEC5/21/2026material
10-K filing
SEC3/31/2026
8-K — Results of operations, Exhibits
SEC3/3/2026material

2025

10-Q filing
SEC12/10/2025
8-K — Executive/director change, Reg FD disclosure, Exhibits
SEC11/24/2025material
8-K — Results of operations, Exhibits
SEC11/20/2025material
10-Q filing
SEC9/10/2025
8-K — Executive/director change
SEC9/2/2025material
8-K — Results of operations, Exhibits
SEC8/21/2025material

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.