Ross Stores — Aug 20, 2026 release
Fiscal 2027 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000745732-26-000038
Showing in the filing
Earnings per share projections
“$8.61 to $8.77”
Period
FY2026
Measure
GAAP-tied
Source
Prose
All guidance in this release · 10
Stock repurchases for FY2026
“$1.275 billion”
Comparable store sales for Q3 FY2026
“increase 6% to 7%”
Comparable Store Sales for Q4 FY2026
“4% to 5%”
Earnings per share for Q3 FY2026
“$1.75 to $1.83”
Earnings per share for Q4 FY2026
“$2.17 to $2.26”
Earnings per share projections for FY2026
“$8.61 to $8.77”
Tariff Refund Benefit on EPS for FY2026
“approximate $0.60 earnings per share benefit”
New Store Openings for FY2026
“115”
New Store Openings - Ross Dress for Less for FY2026
“approximately 90”
New Store Openings - dd's DISCOUNTS for FY2026
“25”
Exhibit 99.1 · the passage around this item
… earlier in the release
If the second half of 2026 performs in line with these sales projections, our earnings per share ranges for the third and fourth quarters are projected to be $1.75 to $1.83 and $2.17 to $2.26, respectively.” 2 Mr. Conroy continued, “Based on our strong first half results and our updated second half guidance, we are increasing our 2026 fiscal year earnings per share projections to be in the range of $8.61 to $8.77, which again includes an approximate $0.60 earnings per share benefit from IEEPA tariff refunds recognized in the second quarter. From a store growth perspective, we continue to be encouraged by the success of our expansion strategy across both new and existing markets. As a result, we are increasing our 2026 new store opening plan to 115 locations, consisting of approximately 90 Ross Dress for Less and 25 dd’s DISCOUNTS stores.” Mr. Conroy concluded, “The year is off to a very strong start with the entire organization executing at a high level. As our efforts to improve topline growth continue, we remain focused on disciplined, consistent execution across the business. Moving forward, we believe we are well positioned to capture additional market share and drive profitable growth over the long term.” 3 The Company will host a conference call on Thursday, August 20, 2026 at 4:15 p.m. Eastern time to provide additional details concerning its second quarter results and management’s outlook for the second half and fiscal year 2026. A real-time audio webcast of the conference call will be available in the Investors section of the Company’s website, located at www.rossstores.com . An a
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.