Ross Stores Q2 profit jumps 67.6% to $851.3M on $253M tariff refunds

Filed September 1, 2026 · Period ending August 1, 2026 · Compared to 10-Q Sep 10, 2025 · ~1 min read

Key Changes

• high

  Net income rose 67.6% to $851.3M, or $2.66 per share, driven by a one-time $253M benefit from IEEPA tariff refunds.

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

  Operating income increased 73% to $1.1B, with the tariff refunds accounting for most of the margin expansion.

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

  $637.5M was repurchased in the first half of fiscal 2026.

  MD&A: Stock repurchase verify on EDGAR →