NASDAQ$ROST

Ross Stores Inc · Q4 2025 earnings

Q4 2025 earnings · · Investor relations

Briefing

Ross Stores reported Q4 2025 sales of $6.6B with net income of $646M and diluted EPS of $2.00.

Fourth-quarter sales rose 12% to $6.64 billion with comparable store sales up 9%. Net income was $646 million versus $587 million; diluted EPS was $2.00 (+12% vs adjusted prior year). Full-year sales reached a record $22.8 billion with 5% comp growth and EPS of $6.61. The board authorized a new $2.55 billion repurchase program (+21%) and a 10% dividend increase to $0.445 per share.

  • Q4 sales $6.64B (+12% YoY); comparable sales +9%.
  • Q4 operating margin 12.3%, above plan; EPS $2.00 beat guidance.
  • FY25 EPS $6.61; $1.05B of stock repurchased in the year.
  • New $2.55B buyback authorization and higher dividend.
  • Strong start to spring 2026 cited by management.

Headline financials

Total Revenue

$6.64B

Previous: $5.91B+12.2%
EPS (adj)

$2.00

Previous: $1.79+11.7%
Free Cash Flow

$2.21B

No prior period
Net Income

$646M

Previous: $587M+10.1%
Operating Income

$814M

Previous: $731M+11.4%
Gross Profit

$1.8B

Previous: $1.57B+15.0%

Revenue & EPS history

Ross Stores · Revenue · Quarterly

$6.64B

Q4 2025+12.2%vs Q4 2024
Beat estimate in 10 of 14 quarters(71%)
ActualEstimate

Forward guidance

Q1 FY26 comps are forecast up 7–8% with EPS of $1.60–$1.67; full-year FY26 comps +3–4% and EPS $7.02–$7.36 versus $6.61 in FY25.

Tailwinds

  • Momentum from holiday carrying into spring season.
  • Larger buyback and dividend signal cash-return confidence.
  • Merchandising and marketing driving share gains.

Headwinds

  • Prior-year tariff costs still referenced in YoY EPS bridge.
  • Off-price sector remains sensitive to macro swings.
  • Guidance assumes sustained comp strength.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q4 2025

Historical avgQ4 2025

+0.8%

Avg return

Earnings day

+0.5%

Avg return

5 days after

+0.6%

Avg return

30 days after

64%

42 / 66 earnings

Positive

+11.8%

Q3 2017

Best reaction

-22.6%

Q1 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2027+2.3%+1.6%+1.3%
Q4 2025-0.6%+4.7%+8.7%
Q3 2025+5.4%+10.7%+13.7%
Q2 2025+1.1%+3.2%+0.4%
Q1 2025-9.7%-8.2%-16.1%
Q4 2024+2.0%-2.8%-4.2%
Q3 2024+4.9%+10.8%+7.1%
Q2 2024+0.8%-0.4%+0.2%
Q1 2024+8.1%+4.7%+13.5%
Q4 2023-1.2%-2.8%-6.8%
Q3 2023+3.9%+5.4%+8.0%
Q2 2023+3.0%+2.2%+2.6%
Q1 2023+0.9%-1.8%+3.9%
Q4 2022-0.2%+1.4%-7.0%
Q3 2022+11.5%+19.5%+18.1%
Q2 2022-2.0%-5.2%-2.8%
Q1 2022-22.6%-16.4%-19.4%
Q4 2021+4.0%-2.1%-1.0%
Q3 2021-3.2%-0.9%-7.3%
Q2 2021-0.7%-0.2%-7.6%
Q1 2021-1.5%-1.0%-7.9%
Q4 2020-7.9%-6.2%-0.0%
Q3 2020-2.1%+1.9%+5.7%
Q2 2020-3.4%+1.1%+2.2%
Q1 2020+3.3%+4.1%+2.7%
Q4 2019-2.2%-8.5%-29.1%
Q3 2019+1.0%+4.4%+4.3%
Q2 2019-2.6%-3.0%-0.9%
Q1 2019-1.9%-3.4%+10.0%
Q4 2018+0.9%-4.9%+4.1%
Q3 2018-10.5%-11.9%-15.4%
Q2 2018+1.8%+1.3%+4.4%
Q1 2018-6.4%-6.5%+4.1%
Q4 2017-3.3%-1.2%+2.3%
Q3 2017+11.8%+12.5%+17.6%
Q2 2017+8.6%+8.9%+11.7%
Q1 2017+1.1%+0.8%-2.3%
Q4 2016-3.4%-3.0%-3.7%
Q3 2016+6.5%+8.0%+8.9%
Q2 2016+4.4%+3.2%-0.6%
Q1 2016-3.4%
Q4 2015+5.0%
Q3 2015+9.5%
Q2 2015-10.2%
Q1 2015-3.9%
Q4 2014+7.5%
Q3 2014+8.7%
Q2 2014+6.4%
Q1 2014+1.1%
Q4 2013+1.5%
Q3 2013-6.9%
Q2 2013+3.4%
Q1 2013+1.0%
Q4 2012+5.4%
Q3 2012-2.5%
Q2 2012+1.4%
Q1 2012+1.1%
Q4 2011+2.3%
Q4 2009+2.3%
Q3 2010+1.0%
Q3 2011+1.0%
Q2 2011+0.3%
Q2 2010+0.3%
Q4 2010+5.3%
Q1 2011+5.3%
Q1 2010+5.3%

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