Ross Stores opens 51 stores. Analysts target Ross Stores stock at USD 263.76
Published on 10/22/2026 at 11:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSRetail footprint and earnings
- Ross Stores opened 51 locations on October 12, 2026.
- Second-quarter revenue reached USD 6.26 billion in the period ended August 1, 2026.
- Ross Stores stock trades at EUR 209.50 at 11:47 a.m. CEST at Lang & Schwarz on October 22, 2026.
- MarketBeat reported a USD 263.76 consensus target from 21 analysts on October 13, 2026.
Ross Stores (ISIN US7782961038) opened 51 locations on October 12, 2026, completing its fiscal 2026 store-growth plan of 115 new locations. Retail Dive reported that the retailer's network reached 2,377 locations across 45 states, the District of Columbia, Guam and Puerto Rico.
Store network reaches 2,377
The expansion follows a strong second quarter. Ross Stores generated USD 6.26 billion in revenue for the quarter ended August 1, 2026, up 13.30 percent from the year-earlier period, while net income reached USD 851.30 million and diluted earnings per share came to USD 2.66. MarketBeat said the quarterly earnings figure exceeded a USD 1.95 consensus estimate.
What does 2,377 stores mean?
The footprint gives Ross Stores more locations through which to sell discounted apparel, footwear, accessories and home products. Retail Dive said Ross Dress for Less accounted for 41 of the 51 new locations, while dd's Discounts added 10 stores. The company had raised its fiscal 2026 store-opening plan from 110 to 115 locations in August, making the completed plan a measurable step in its expansion strategy.
Three dates frame the story
On August 20, 2026, Ross Stores reported second-quarter earnings of USD 2.66 per diluted share. On September 30, 2026, the company paid a quarterly dividend of USD 0.445 per share, according to MarketBeat. On October 12, 2026, the 51-store expansion completed the fiscal-year plan.
Next results come November 19
Ross Stores is scheduled to report third-quarter fiscal 2026 results on November 19, 2026, after the market close, with a conference call scheduled for 4:15 p.m. ET, according to MarketBeat. The cited consensus calls for USD 1.84 in earnings per share and USD 6.20 billion in revenue for the quarter.
Stock price and valuation
MarketBeat reported a consensus 12-month price target of USD 263.76 from 21 analysts on October 13, 2026. Its cited market capitalization was USD 75.79 billion, while the 52-week range stood at USD 154.87 to USD 257.00.
Ross Stores stock was trading at EUR 209.50 at Lang & Schwarz on October 22, 2026 at 11:47 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Ross Stores stock.
Ross Stores stock facts
- Company: Ross Stores, Inc.
- ISIN: US7782961038
- Ticker: ROST
- Primary exchange: NASDAQ
- Price Lang & Schwarz (as of October 22, 2026, 11:47 a.m. CEST): EUR 209.50
- Market capitalization: USD 75.1 billion (as of October 21, 2026)
- 52-week range: USD 154.87-257.00 (as of October 21, 2026)
- Sector / Industry: Consumer Cyclical / Apparel Retail
- Index membership: Nasdaq Composite
- Next earnings date: November 19, 2026
Market context: Market report S&P 500.
