Recent Updates — ROST

Ross Stores, Inc. announced changes to its Board of Directors effective October 1, 2026. Sharon D. Garrett retired from the Board after serving since 2000. Shelley H. Bransten and Christian B. Johnson were appointed as independent directors and members of the Audit Committee, increasing the Board size to ten members. The company operates Ross Dress for Less, the largest off-price apparel and home fashion chain in the United States.

Ross Stores reported strong second quarter fiscal 2026 results ending August 1, 2026. Total sales increased 13% to $6.3 billion, with comparable store sales rising 10%. Earnings per share reached $2.66, including a $0.60 benefit from IEEPA tariff refunds. Operating profits were $1.1 billion, and net income was $851 million. The company raised its fiscal 2026 earnings guidance to $8.61–$8.77 per share and increased its new store opening plan to 115 locations. Ross Stores operates off-price apparel and home fashion retail chains in the United States.