Ross Stores Inc. (ROST) Thursday reported first-quarter net earnings of $234.6 million or $1.07 per share, up from $208.6 million or $0.93 per share last year.
First-quarter sales increased 8 percent to $2.54 billion from $2.36 billion last year.
Analysts polled by Thomson Reuters expected the company to earn $1.07 per share on revenues of 2.52 billion for the quarter. Analysts' estimates typically exclude special items.
Looking forward to the second quarter, Ross Stores expects earnings of $0.89 to $0.93 per share. Analysts currently estimate earnings of $0.91 per share for the quarter.
For the full year, the company now project earnings of $3.70 to $3.81 per share, up from its initial guidance of $3.65 to $3.80 per share. Analysts currently estimate earnings of $3.88 per share for the full year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.