Q3 Earnings Estimate for Ross Stores Issued By William Blair

Key Points

• William Blair has reduced its Q3 2026 EPS estimates for Ross Stores from $1.41 to **$1.34**, alongside projections for **Q4 2026** and **FY2027** earnings.
• Ross Stores’ recent earnings report indicated EPS of **$1.56**, surpassing analyst expectations, with a revenue of **$5.53 billion**, marking a **4.6%** year-over-year increase.
• The company declared a quarterly dividend of **$0.405 per share**, yielding **1.1%**, to be paid on **September 30th** to shareholders on record as of **September 9th**.

Ross Stores, Inc. (NASDAQ:ROST - Free Report) - Equities researchers at William Blair reduced their Q3 2026 EPS estimates for shares of Ross Stores in a research report issued on Friday, August 22nd. William Blair analyst D. Carden now expects that the apparel retailer will post earnings of $1.34 per share for the quarter, down from their previous forecast of $1.41. The consensus estimate for Ross Stores' current full-year earnings is $6.17 per share. William Blair also issued estimates for Ross Stores' Q4 2026 earnings at $1.78 EPS, Q1 2027 earnings at $1.65 EPS, Q3 2027 earnings at $1.70 EPS, Q4 2027 earnings at $2.09 EPS and FY2027 earnings at $7.17 EPS.

Ross Stores (NASDAQ:ROST - Get Free Report) last announced its earnings results on Thursday, August 21st. The apparel retailer reported $1.56 earnings per share for the quarter, topping analysts' consensus estimates of $1.54 by $0.02. The firm had revenue of $5.53 billion during the quarter, compared to analyst estimates of $5.54 billion. Ross Stores had a net margin of 9.60% and a return on equity of 37.37%. The company's revenue for the quarter was up 4.6% compared to the same quarter last year. During the same period in the prior year, the business earned $1.59 EPS.

ROST has been the subject of a number of other reports. Morgan Stanley upped their target price on shares of Ross Stores from $128.00 to $130.00 and gave the stock an "equal weight" rating in a research note on Friday. Evercore ISI reduced their target price on shares of Ross Stores from $170.00 to $160.00 and set an "outperform" rating for the company in a research note on Friday, May 23rd. UBS Group upped their target price on shares of Ross Stores from $144.00 to $147.00 and gave the stock a "neutral" rating in a research note on Friday. Telsey Advisory Group reaffirmed a "market perform" rating and issued a $160.00 target price (up from $150.00) on shares of Ross Stores in a research note on Monday, August 18th. Finally, Robert W. Baird increased their price objective on shares of Ross Stores from $160.00 to $170.00 and gave the stock an "outperform" rating in a research note on Friday. Eleven equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $160.00.

Ross Stores Price Performance

Shares of NASDAQ ROST opened at $147.25 on Monday. The firm has a market cap of $48.16 billion, a PE ratio of 23.37, a PEG ratio of 2.79 and a beta of 1.11. The company has a current ratio of 1.58, a quick ratio of 0.98 and a debt-to-equity ratio of 0.18. Ross Stores has a 1-year low of $122.36 and a 1-year high of $163.60. The company has a fifty day moving average price of $136.10 and a 200 day moving average price of $137.11.

Ross Stores Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Tuesday, September 9th will be paid a dividend of $0.405 per share. This represents a $1.62 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend is Tuesday, September 9th. Ross Stores's payout ratio is presently 25.71%.

Institutional Trading of Ross Stores

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Aspect Partners LLC lifted its holdings in shares of Ross Stores by 251.7% during the second quarter. Aspect Partners LLC now owns 204 shares of the apparel retailer's stock worth $26,000 after purchasing an additional 146 shares during the period. Golden State Wealth Management LLC lifted its holdings in Ross Stores by 50.7% in the first quarter. Golden State Wealth Management LLC now owns 217 shares of the apparel retailer's stock valued at $28,000 after buying an additional 73 shares during the period. Bayforest Capital Ltd increased its stake in Ross Stores by 372.5% in the first quarter. Bayforest Capital Ltd now owns 241 shares of the apparel retailer's stock valued at $31,000 after purchasing an additional 190 shares in the last quarter. Banque Transatlantique SA bought a new stake in Ross Stores in the first quarter valued at $29,000. Finally, Tradewinds Capital Management LLC increased its stake in Ross Stores by 36.6% in the first quarter. Tradewinds Capital Management LLC now owns 280 shares of the apparel retailer's stock valued at $36,000 after purchasing an additional 75 shares in the last quarter. Institutional investors own 86.86% of the company's stock.

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 brand names in the United States. Its stores primarily offer apparel, accessories, footwear, and home fashions. The company's Ross Dress for Less stores sell its products at department and specialty stores to middle income households; and dd's DISCOUNTS stores sell its products at department and discount stores for households with moderate income.

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