Ross Stores Posts 12% Q4 Revenue Gain, Forecasts FY26 EPS of $7.02–$7.36
Ross Stores delivered Q4 sales up 12% to $6.6B, comp-store growth of 9%, and EPS of $2.00, exceeding guidance of $1.77–$1.85 and driving net income to $646M. It forecast fiscal 2026 EPS of $7.02–$7.36, projected Q1 comp-store sales up 7%–8%, and approved a two-year share repurchase plus a 10% dividend increase.
1. Strong Fourth-Quarter Results
Ross reported total sales of $6.6 billion for the quarter ended January 31, up 12% year-over-year, with comparable-store sales rising 9%. Earnings per share reached $2.00, surpassing the guidance range of $1.77–$1.85, while net income climbed to $646 million from $587 million a year earlier.
2. Record Fiscal 2025 Performance
For the full fiscal year, revenue hit a record $22.8 billion, an 8% increase, and comparable-store sales grew 5% on top of a 3% gain in the prior year. Net income remained steady at $2.1 billion, and EPS rose to $6.61 from $6.32, representing a 10% increase after adjusting for prior-year gains and tariff impacts.
3. Fiscal 2026 Guidance
Management forecasts fiscal 2026 EPS of $7.02–$7.36, up from $6.61 last year, and projects first-quarter comparable-store sales growth of 7%–8% with EPS of $1.60–$1.67, compared with $1.47 in the year-earlier period.
4. Enhanced Shareholder Returns
The board authorized a new two-year share repurchase program and boosted the quarterly cash dividend by 10%, underscoring confidence in cash flow generation and reinforcing commitment to shareholder value.