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Joining me on our call today are Michael J. Hartshorn, Group President and Chief Operating Officer William Sheehan, Executive Vice President and Chief Financial Officer and Connie Kao, Senior Vice President, Investor Relations. First quarter 26 operating margin expanded 120 basis points to 13.4% compared to last year's 12.2% significantly exceeded our expectations.
Ross Stores (ROST) delivered earnings and revenue surprises of +18.70% and +6.93%, respectively, for the quarter ended April 2026. Do the numbers hold clues to what lies ahead for the stock?
The discount retailer said it now expects comparable sales—or those from stores and digital channels operating for at least 12 months—to grow 6% to 7% in the current fiscal year, up from a prior outlook of up 3% to 4%.
Investing.com -- Ross Stores Inc (NASDAQ:ROST) shares jumped 7% in after-hours trading Thursday after the off-price retailer reported first quarter results that significantly exceeded Wall Street expectations, driven by robust comparable store sales growth and strong customer traffic.
Off-price retail company Ross Stores (NASDAQ:ROST) will be reporting earnings this Thursday after market close. Here’s what to look for.
Wednesday brought a bevy of tech news, from the posting of SpaceX's IPO filing to updates on Nvidia, Anthropic and OpenAI. For the rest of the week, focus turns to the American consumer with Walmart earnings and Friday's swearing in of Kevin Warsh as the new Federal Reserve chair.
Nvidia, the most valuable public company by market capitalization, will report earnings Wednesday, the last of the Magnificent Seven tech companies to do so. Big retailers including Walmart and Target will also report this week.
This will be the first time that most major retailers report on consumer behavior since gasoline prices skyrocketed.
June S&P 500 E-Mini futures (ESM26) are down -0.41%, and June Nasdaq 100 E-Mini futures (NQM26) are down -0.30% this morning, pointing to a lower open on Wall Street as oil prices continue to rise amid the stalemate between the U.S. and Iran.
Ross Stores is poised to report its first-quarter results shortly, with analysts forecasting a low-double-digit year-over-year increase in earnings, reflecting steady momentum in profitability.
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