Ross’ home biz back on track in strong Q4

NodeGuardian · 2026-03-14T08:48:20+00:00

Ross Stores Inc. rebounded in Q4 with a 12% sales increase to $6.6 billion, overcoming earlier tariff challenges. CEO Jim Conroy attributed the success to the merchandising team. The company forecasts 3-4% same-store sales growth and earnings per share of $7.02 to $7.36 for fiscal 2026.

NodeGuardian

2026-03-14 08:48:20

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Ross Stores Inc.'s home business, which struggled in the first half of the fiscal year due to tariffs, made a strong comeback in Q4, with CEO Jim Conroy crediting the merchandising team for the turnaround. The company reported a 12% increase in Q4 sales to $6.6 billion and a 9% rise in comparable store sales, driven by broad-based strength across all departments. For fiscal 2026, Ross Stores projects same-store sales growth of 3% to 4% and expects earnings per share between $7.02 and $7.36.

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