Overview
- Wall Street consensus expects adjusted earnings of $1.95 per share and revenue of $6.16 billion for the second quarter, figures that would drop below Q1 but represent solid year‑over‑year growth versus 2025.
- Ross posted a historic first quarter with $6.01 billion in sales, comparable‑store sales up 17%, and adjusted EPS of $2.02, setting a high bar for the next print.
- Management opened 47 stores in June and July and remains on track for roughly 110 openings in 2026, a pace analysts will judge for its effect on operating leverage and profitability.
- Shares traded near $234.69 with a market value around $75.3 billion and an average analyst target of $259.14, reflecting mostly positive coverage but a premium forward P/E that raises sensitivity to execution.
- Investors will focus on gross margin trends, same‑store sales continuity and any guidance for the back half of the year because those factors will determine whether the recent momentum is durable and how the stock reacts.