Ross Stores has significantly raised its full-year 2026 earnings guidance and expanded its new store opening plans, signaling higher expected profitability and a larger physical footprint. The company now projects fiscal 2026 earnings per share of US$8.61 to US$8.77, which includes about US$0.60 per share from IEEPA tariff refunds recognized in Q2. For the second half, Ross Stores guided Q3 EPS of US$1.75 to US$1.83 and Q4 EPS of US$2.17 to US$2.26, tied to its sales projections. Management linked the updated outlook and store rollout to improving business momentum and confidence in the operating environment. The larger 2026 store plan of 115 locations fits the view that aggressive physical expansion can create opportunity but also raises concerns about saturation and execution.
Ross Stores IncCompany raised FY2026 EPS guidance and expanded store plans, indicating higher expected profitability and growth.
