Ross Stores Inc (ROST) reported better-than-expected financial results for the third quarter of fiscal 2026. The company achieved earnings per share (EPS) of $1.58, surpassing Wall Street's consensus estimate of $1.44 by $0.14. Revenue also exceeded expectations, reaching $5.6 billion compared to the anticipated $5.5 billion.
The retailer operates off-price retail apparel and home accessories stores, with approximately 1,831 locations across 43 states, the District of Columbia, and Guam. Ross Stores employs around 107,000 full-time staff and offers savings of 20% to 60% off regular prices. Additionally, the company runs about 355 dds DISCOUNTS stores, which focus on moderately-priced items.
Management will host an earnings conference call to discuss these results and provide further insights into the company's performance. This update provides insight into Ross Stores Inc's operational health and suggests stronger-than-anticipated business fundamentals.
Investors are encouraged to review the full earnings release and listen to management commentary for comprehensive context on the quarter's performance and future outlook. Upcoming earnings are scheduled for May 20, 2026, with EPS estimated at $1.63 and revenue at $5.4 billion.