Equity Profile

ROST

Ross Stores, Inc.

Consumer DiscretionaryApparel Retail$73.9B

May21Thu

Post-Earnings Recap

ReportedQ1-2026After Close4:01 PM EDT

Ross Stores Beats on EPS, Stock Down 0.28%

Metric	Actual	Expected	Surprise
EPS	$2.02	$1.67	+18.68%
Revenue	—	$5.6B	—

management commentary, guidance changes, and full analysis available with Pro.

Ross Stores Beats on EPS, Stock Down 0.28%

Key Numbers

Metric	Actual	Expected	Surprise
EPS	$2.02	$1.67	+18.68%
Revenue	—	$5.6B	—

Management Commentary

Tone: Unknown

No transcript is on record, and the analysis is based solely on numerical results.

What It Means

Ross Stores reported better-than-expected earnings per share, which indicates strong performance relative to analyst expectations. However, the stock saw a slight decline of 0.28% following the report, suggesting that investors may have been looking for more comprehensive revenue details or guidance. The lack of revenue figures and management commentary could have contributed to the muted stock reaction.

Company Snapshot

Ross Stores, Inc. operates as an off-price retailer, offering a wide range of apparel and home goods at discounted prices....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a critical measure of profitability, and investors will be keen to see if Ross can meet or exceed expectations.

$1.67

Revenue

Revenue growth indicates overall business health and demand for Ross's products, which is particularly important in the current economic environment.

$5.6B

Wall Street expectations, options signals, track record, and call prep available with Pro.

Original Pre-Earnings Preview

Context

Company Snapshot

Ross Stores, Inc. operates as an off-price retailer, offering a wide range of apparel and home goods at discounted prices. As a key player in the consumer discretionary sector, Ross benefits from trends in consumer spending, especially during economic fluctuations when shoppers seek value.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

88%

Avg EPS Surprise

+7.23%

Avg Stock Reaction

-0.28%

Last Quarter Recap

In the last quarter, Ross reported an EPS of $2.00, surpassing estimates by 6.61%. However, the stock reacted negatively, dropping 2.30% the following day.

Management Promises & Guidance

Expectations

Wall Street Expectations

Analysts expect Ross to report strong earnings driven by consumer demand for affordable apparel. However, there are concerns about potential economic headwinds affecting sales.

Bull Case

If Ross can capitalize on consumer trends towards value shopping, it may exceed EPS expectations and show robust revenue growth.

Bear Case

Conversely, if economic conditions worsen or if inventory issues arise, the company could miss estimates, leading to a negative stock reaction.

Key Metrics to Watch

Earnings Per Share (EPS)

$1.67

EPS is a critical measure of profitability, and investors will be keen to see if Ross can meet or exceed expectations.

Revenue

$5.6B

Revenue growth indicates overall business health and demand for Ross's products, which is particularly important in the current economic environment.

Expectations

Two Questions That Matter

The print will turn on these two things.

Will Ross achieve an EPS of $1.67 or higher?

This figure is crucial as it reflects the company's ability to manage costs and drive profitability amidst economic challenges.

What are the revenue figures and growth trends for the upcoming quarter?

Understanding revenue performance will provide insights into consumer demand and the effectiveness of Ross's pricing strategy.

Edge

What the Street Is Missing

Why consensus could be wrong

The consensus may underestimate Ross's ability to attract budget-conscious consumers, especially if economic conditions worsen.

Supporting Evidence

The company has consistently beaten EPS estimates in the past, suggesting strong operational execution.

Options pricing indicates a higher expected move than historical averages, hinting at potential surprises.

Consumer trends show a shift towards value shopping, which could benefit Ross significantly.

Key Risk

If Ross's revenue growth exceeds $5.6B, it could challenge the current bearish sentiment.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is debating whether Ross can maintain profitability and revenue growth in a challenging economic environment.

Bull Confirmed If

Achieving an EPS of $1.70 or better would confirm strong consumer demand and effective cost management.

Bear Confirmed If

An EPS below $1.61 would signal potential issues with sales or margins.

Pre-Earnings Positioning

Options Market

Implied Move

±6.3%

Historical Avg

±0.9%

Pricing rich

The options market is pricing in a significant move, suggesting that investors anticipate volatility around the earnings announcement.

Options are pricing ±6.3% while ROST has averaged ±0.9% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

1.5%

30d HV

21.1%

Calls (162K)P/C Ratio: 0.79Puts (141K)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Ross beats expectations, history suggests a modest positive reaction, confirming strong consumer demand and effective management.

In-Line / Cautious

If results are in line, the stock may react cautiously, reflecting uncertainty in future growth prospects.

Miss

A miss could lead to a decline, with history indicating an average drop of around 0.50% following such outcomes.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on inventory management and supply chain efficiency.
2Insights into consumer spending trends and how they are affecting sales.
3Management's outlook on economic conditions and their impact on future performance.
4Details on new store openings and expansion plans.
5Any commentary on competitive pressures in the off-price retail sector.

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Company Snapshot

Ross Stores, Inc. operates as an off-price retailer, offering a wide range of apparel and home goods at discounted prices....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a critical measure of profitability, and investors will be keen to see if Ross can meet or exceed expectations.

$1.67

Revenue

Revenue growth indicates overall business health and demand for Ross's products, which is particularly important in the current economic environment.

$5.6B

Wall Street expectations, options signals, track record, and call prep available with Pro.

Original Pre-Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

88%

Avg EPS Surprise

+7.23%

Avg Stock Reaction

-0.28%

Last Quarter Recap

In the last quarter, Ross reported an EPS of $2.00, surpassing estimates by 6.61%. However, the stock reacted negatively, dropping 2.30% the following day.

Management Promises & Guidance

Expectations

Wall Street Expectations

Analysts expect Ross to report strong earnings driven by consumer demand for affordable apparel. However, there are concerns about potential economic headwinds affecting sales.

Bull Case

If Ross can capitalize on consumer trends towards value shopping, it may exceed EPS expectations and show robust revenue growth.

Bear Case

Conversely, if economic conditions worsen or if inventory issues arise, the company could miss estimates, leading to a negative stock reaction.

Key Metrics to Watch

Earnings Per Share (EPS)

$1.67

EPS is a critical measure of profitability, and investors will be keen to see if Ross can meet or exceed expectations.

Revenue

$5.6B

Revenue growth indicates overall business health and demand for Ross's products, which is particularly important in the current economic environment.

Expectations

Two Questions That Matter

The print will turn on these two things.

Will Ross achieve an EPS of $1.67 or higher?

This figure is crucial as it reflects the company's ability to manage costs and drive profitability amidst economic challenges.

What are the revenue figures and growth trends for the upcoming quarter?

Understanding revenue performance will provide insights into consumer demand and the effectiveness of Ross's pricing strategy.

Edge

What the Street Is Missing

Why consensus could be wrong

The consensus may underestimate Ross's ability to attract budget-conscious consumers, especially if economic conditions worsen.

Supporting Evidence

The company has consistently beaten EPS estimates in the past, suggesting strong operational execution.

Options pricing indicates a higher expected move than historical averages, hinting at potential surprises.

Consumer trends show a shift towards value shopping, which could benefit Ross significantly.

Key Risk

If Ross's revenue growth exceeds $5.6B, it could challenge the current bearish sentiment.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is debating whether Ross can maintain profitability and revenue growth in a challenging economic environment.

Bull Confirmed If

Achieving an EPS of $1.70 or better would confirm strong consumer demand and effective cost management.

Bear Confirmed If

An EPS below $1.61 would signal potential issues with sales or margins.

Pre-Earnings Positioning

Options Market

Implied Move

±6.3%

Historical Avg

±0.9%

Pricing rich

The options market is pricing in a significant move, suggesting that investors anticipate volatility around the earnings announcement.

Options are pricing ±6.3% while ROST has averaged ±0.9% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

1.5%

30d HV

21.1%

Calls (162K)P/C Ratio: 0.79Puts (141K)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Ross beats expectations, history suggests a modest positive reaction, confirming strong consumer demand and effective management.

In-Line / Cautious

If results are in line, the stock may react cautiously, reflecting uncertainty in future growth prospects.

Miss

A miss could lead to a decline, with history indicating an average drop of around 0.50% following such outcomes.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on inventory management and supply chain efficiency.
2Insights into consumer spending trends and how they are affecting sales.
3Management's outlook on economic conditions and their impact on future performance.
4Details on new store openings and expansion plans.
5Any commentary on competitive pressures in the off-price retail sector.