)
)
Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Ross Stores
Ross Stores (ROST) investor relations material
Ross Stores Q2 2027 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2027 earnings summary20 Aug, 2026
Executive summary
Q2 2026 sales rose 13% year-over-year to $6.3 billion, with comparable store sales up 10% driven by increased customer traffic, basket size, and engagement from both new and existing customers.
Net income for Q2 was $851 million, up from $508 million last year; diluted EPS reached $2.66, a 71% increase year-over-year, including a $0.60 benefit from $253 million in IEEPA tariff refunds.
Opened 47 new stores in Q2 and raised the annual store opening plan to 115 new locations, reflecting strong expansion momentum.
Growth was broad-based across merchandise categories and geographies, with home and cosmetics leading, and the Midwest as the strongest region.
dd's DISCOUNTS also delivered solid, broad-based sales growth, nearly matching Ross on a two-year basis.
Financial highlights
Total Q2 sales grew 13% year-over-year to $6.3 billion, with comparable store sales up 10% (7% traffic, 3% basket).
Gross margin improved by 625 basis points, including a 405 basis point benefit from tariff refunds; merchandise margin up 110 basis points.
Operating margin increased 610 basis points to 17.6% (205 basis points excluding tariff refunds).
Net income for Q2 was $851 million, EPS $2.66; first half 2026 sales up 17% to $12.3 billion, EPS at $4.69.
Cash provided by operating activities for the first six months was $1.71 billion, up $634 million year-over-year; ended Q2 with $4.3 billion in unrestricted cash.
Outlook and guidance
Raised outlook for Q3 and Q4 2026: Q3 comp sales expected to rise 6%-7%, EPS $1.75-$1.83; Q4 comp sales up 4%-5%, EPS $2.17-$2.26.
Full-year 2026 EPS forecasted at $8.61-$8.77, up from $6.61 last year, including $0.60 per share from tariff refunds.
Planning to open 115 stores in 2026, up from prior guidance of 110, with 51 openings in Q3.
Capital expenditures for fiscal 2026 projected at $1.1 billion, focused on new stores, supply chain, and IT investments.
Partial view of Summaries dataset, powered by Quartr API
AI can get things wrong. Verify important information.Research faster. Power your platform.
Latest events from Ross Stores
- All proposals passed, including director elections and compensation, with no shareholder questions.ROST
AGM 2026 - Q1 sales up 21%, EPS up 37%, and guidance raised amid strong expansion and buybacks.ROSTQ1 2027
- 2026 proxy covers director elections, new equity plan, say-on-pay, and strong ESG oversight.ROSTProxy filing
- Virtual annual meeting to vote on directors, compensation, equity plan, and auditor ratification.ROSTProxy filing
- Record sales, margin gains, and robust outlook drive increased shareholder returns for 2026.ROSTQ4 2026
- Q3 sales up 10%, EPS $1.58, and FY25 guidance raised as tariff impacts subside.ROSTQ3 2026
- Q3 earnings and margins improved, guidance was raised, and a CEO transition was announced.ROSTQ3 2025
- Q2 2024 sales and EPS rose sharply, prompting a higher full-year outlook amid ongoing uncertainty.ROSTQ2 2025
- Q1 sales up 2.6% to $4.99B, EPS $1.47; tariffs and inflation drive cautious outlook.ROSTQ1 2026
Next Ross Stores earnings date
Q3 202719 Nov, 2026
Ross Stores
Next Ross Stores earnings date
Q3 202719 Nov, 2026
AI chat
Ask anything. Verify everything.
Ask across every event and document from public companies. Each answer links back to the exact line in the transcript, slide or filing it came from.Learn moreFind what matters
AI across all first-party IR material. Live calls, transcripts, slides, filings.)
Trust every finding
50m+ first-party documents. Every output traceable to its source.Find what matters
AI across all first-party IR material. Live calls, transcripts, slides, filings.Trust every finding
50m+ first-party documents. Every output traceable to its source.Automations
Zero in on what matters
Define the prompt once. It runs the moment a company publishes or on a schedule you set. Outputs map to the exact signals you choose.Learn more)
Event-triggered research
Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.)
Scheduled research
Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.Event-triggered research
Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.Scheduled research
Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.Live audio & transcripts
Be first
Join any earnings call live in one click, with no manual registration. Follow the transcript as it happens and jump straight to the moments that matter.Learn more)
Live earnings calls
Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.)
Live transcripts
Speaker-by-speaker, in real time. Searchable across every live and historical call.Live earnings calls
Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.Live transcripts
Speaker-by-speaker, in real time. Searchable across every live and historical call.Quartr MCP connects your AI environment to 17K+ public companies
Pull live transcripts, filings, and slides into Claude or Codex via MCP. Combine Quartr's global IR data with any other dataset. Run agentic research and monitoring.
Included with Quartr Pro at no extra cost.Learn more
Quartr's AI stands out because it only pulls clean, first-party data from public companies. In investing, that's everything.
Jamie Ross
Investment Manager, GAM Investments
GAM
GAM
Research that used to take hours now takes seconds with Quartr Pro. Tracking shifts in tone or extracting tables, it's as simple as typing a query.
Tom O'Hara
Investment Director
Ciena
Ciena
Before Quartr we spent hours manually compiling insights through the peer earnings cycle. Now, these tasks are done faster, with greater precision.
Gregg Lampf
VP of Investor Relations
Protean
Protean
Being able to ask specific questions across years of transcripts and reports and instantly get verified answers is a game-changer.
Pontus Dackmo
CEO & Investment Manager
)
)
Frequently asked questions
Dress for Less
Ross Stores, Inc. is an American company operating a chain of discount retail department stores across the US. The company does business under the brand name “Ross Dress for Less”, and operates over 1,400 stores across the country. Ross Stores also operates a secondary chain of department stores called DD’s Discount. The company is headquartered in Dublin, California, and its shares are traded on the Nasdaq.
Restructuring and Expansion
Ross Stores can trace its roots back to 1950 when Morris Ross opened the first Ross Department Store in San Bruno, California. Morris Ross sold his store in 1958 to focus on other ventures, and In 1982, a group of investors, including Mervin Morris, founder of the Mervyns chain, recognized the potential in Ross's unique approach. They restructured the company and expanded its scope, emphasizing a broader range of merchandise, including men's and women's apparel, home decor, and accessories. The reimagined Ross Stores emphasized a no-frills shopping experience, offering significant discounts on designer and brand-name goods. By the early 21st century, Ross Stores had become one of the largest off-price retailers in the United States, operating hundreds of Ross Dress for Less stores across the country.
A Typical department Store
The merchandise sold at Ross Store’s retail locations is relatively similar to what is offered at other comparable department stores such as Kohl’s, Target, and other similar retailers. The store's inventory primarily consists of apparel, accessories, footwear, and home furnishings. In the apparel section, customers can find clothing for women, men, and children, encompassing a variety of styles from casual wear to business attire. This includes a selection of designer and brand-name items, often at discounted prices compared to traditional retail stores. Footwear in Ross Stores caters to all age groups, featuring a mix of everyday shoes, athletic footwear, and dress shoes. The accessory department includes a range of items such as handbags, wallets, belts, and jewelry, offering customers options to complement their attire. For home furnishings, Ross provides an assortment of products like bedding, kitchenware, small furniture, and decorative items.
DD’s Discount
DD's Discounts, a retail chain operated by Ross Stores, Inc., offers a similar approach to its parent company but with a focus on lower-priced items. Primarily targeting moderate-income households, DD's Discounts features a wide array of merchandise including apparel, footwear, home decor, and accessories, often at prices lower than those found at Ross Dress for Less. This includes a mix of closeouts, manufacturer buybacks, and overruns.