Ross Stores raises forecast after surge in Q2 sales and store openings

Off-price retailer Ross Stores lifted its fiscal 2026 earnings per share guidance to a range of $8.61 to $8.77, driven by stronger-than-expected second-quarter performance and tariff refunds totaling approximately $253 million.
For the quarter ended 3 August 2026, the company reported total sales of $6.3 billion, representing a 13% increase compared with the prior-year period. Comparable store sales advanced 10%, with customer traffic serving as the primary driver of growth. Net income reached