Ross Stores posts 17% comp growth, 37% EPS jump; accelerates expansion to 110 stores

Filed June 2, 2026 · Period ending May 2, 2026 · Compared to 10-Q Jun 11, 2025 · ~1 min read

Key Changes

• high

  Comparable store sales surged 17% in Q1 FY2026 vs. flat in prior year, driven by 11% traffic increase and 6% basket growth, signaling strong consumer demand recovery.

  MD&A: Comparable Store Sales verify on EDGAR →
• high

  Operating margin expanded 120 basis points to 13.4% from 12.2%, with 85 bps merchandise margin gain and 60 bps occupancy leverage, overcoming prior-year tariff headwinds.

  MD&A: Operating Margin verify on EDGAR →
• high

  Diluted EPS jumped 37% to $2.02 from $1.47, reflecting 36% net earnings growth and 1% share count reduction from accelerated buybacks ($319M vs. $263M in Q1).

  MD&A: Earnings Per Share verify on EDGAR →