Investing.com - Ross Stores reported Thursday second-quarter earnings that topped Wall Street estimates despite taking a tariff-induced hit, and the retailer said price hikes across the industry is expected to drive demand among bargain-hunting consumers this Fall season.
Ross Stores Inc (NASDAQ:ROST) shares gained 2% in after-hours trade following the report.
Ross Stores reported Q2 earnings per share of $1.56 on revenue of $5.53B, compared with estimates for $1.53 and $5.54B, respectively.
The beat on the bottom line comes even as the company flagged an approximate $0.11 per share negative impact from tariff-related costs. This was, however, at the lower of end of the $0.11 to $0.16 per share cost impact from tariffs that the company in May.
For Q3 and Q4, the company sees store sales growth of up 2% to 3%. If the second half of 2025 performs in line with these sales projections, the company forecast earnings per share for Q3 and Q4 of $1.31 to $1.37 and $1.74 to $1.81, respectively.
For the 52 weeks ending Jan. 31, 2026, the company said it now sees earnings in the range of $6.08 to $6.21 per share.
"We anticipate pricing across retail will move higher as we progress through the year, which will lead consumers to seek more value this Fall season," the company said.
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Ross Stores Q2 EPS top estimates; touts strong demand ahead as consumer seek value
Published 2 months ago
Aug 21, 2025 at 9:43 PM
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