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Ross Stores shares surge after strong Q2 prompts earnings guidance increase
InvestorsHub34d agobullish
Ross Stores shares surge after strong Q2 prompts earnings guidance increase

Ross Stores (NASDAQ:ROST) shares rallied in pre-market trading after the off-price retailer delivered stronger-than-expected second-quarter sales and earnings and raised its full-year profit outlook, supported by higher customer traffic and a tariff refund. Sales for the quarter increased 13% year on year to $6.

US futures edge higher ahead of PMI data as Iran sanctions and oil remain in focus: Dow Jones, S&P, Nasdaq, Wall Street
InvestorsHub34d agoneutral
US futures edge higher ahead of PMI data as Iran sanctions and oil remain in focus: Dow Jones, S&P, Nasdaq, Wall Street

US stock futures moved modestly higher on Friday as investors awaited fresh business activity data while continuing to assess renewed pressure in bond markets, corporate earnings and Washington’s plans to impose sweeping sanctions on Iran. Discount retailer Ross Stores (NASDAQ:ROST) was also in focus after raising its full-year earnings guidance following stronger-than-expected second-quarter results.

Ross Stores Q2 Earnings Call Highlights
MarketBeat35d agoneutral
Ross Stores Q2 Earnings Call Highlights

Ross Stores (NASDAQ:ROST) reported strong second-quarter fiscal 2026 results, with sales rising 13% to $6.3 billion and comparable-store sales increasing 10%, driven primarily by higher transaction volume. The company said the quarter marked its second consecutive period of double-digit comparable-s

Ross Stores Boosts Outlook as Sales Climb
The Wall Street Journal35d agoneutral
Ross Stores Boosts Outlook as Sales Climb

The off-price retailer now forecasts earnings per share of $8.61 to $8.77 for the year as its second-quarter profit and sales gained on higher traffic.

6 Big Takeaways From Retail’s Big Week of Earnings
Barrons.com35d agoneutral
6 Big Takeaways From Retail’s Big Week of Earnings

Walmart set a somber tone for the first week of retailer earnings, but that wasn’t the whole story. The big news was Walmart’s sales woes as the Bentonville, Ark.-based giant reported a same-store sales decline—the first since 2020. Target meanwhile, showed some signs of life, reflecting its turnaround efforts.

Stocks to Watch: Walmart, Strategy, Coty
The Wall Street Journal35d agoneutral
Stocks to Watch: Walmart, Strategy, Coty

↘️ Coty (COTY): The beauty company reported a steeper loss and guided for a drop in sales in the current quarter. Shares fell over 7% before the bell. ↘️ Moderna (MRNA): Shares pulled back 10% in premarket trading following yesterday’s 177% rally— the biggest gain for any stock in the S&P 500 in the past 25 years.