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AI brief of an SEC Form 8-K · Ross Stores (ROST)

Ross Stores Q1 EPS rises 37% to $2.02, beats guidance; raises fiscal 2026 outlook

Positive Impact 4 of 5 guidance Written later

Ross Stores reported first quarter fiscal 2026 sales up 21% to $6.0 billion and diluted earnings per share of $2.02, up 37% and well above its guidance of $1.60 to $1.67. The company raised its fiscal 2026 earnings per share outlook to $7.50 to $7.74 and expects second quarter earnings per share of $1.85 to $1.93.

Key points

  • Q1 comparable store sales rose 17%; operating margin was 13.4% versus a plan of 11.8% to 12.1%
  • Q1 net income was $650 million, up from $479 million a year earlier
  • Fiscal 2026 EPS outlook raised to $7.50 to $7.74, versus $6.61 in fiscal 2025
  • Q1 share repurchases totaled $319 million; the company remains on track to buy back $1.275 billion in fiscal 2026

The filing

CompanyRoss Stores (ROST)
Form8-K, current report
Filed with the SECMay 21, 2026, 4:02 PM ET
Accession number0000745732-26-000025

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:21 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 21, 2026.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.