Filing Flows › Consumer Discretionary › Ross Stores (ROST)
Ross Stores (ROST) earnings and revenue breakdown
Latest: Q2 FY27 · 10-Q filed Sep 1, 2026 · Ross Stores (ROST) Q2 FY27 earnings results →
Q2 FY27 Revenue up 13% year over year to $6.3B · 14¢ of every $1 of revenue kept as net profit · operating margin 17.6%
Ross Stores made $6.3B in Q2 FY27 (+13% Y/Y). Operating margin 17.6%, net earnings $851M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Sep 1, 2026.
Drawing the Sankey…
Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF
What changed this quarter
Revenue was $6.3B in Q2 FY27, up 13% year over year and up 4% from the previous quarter.
Operating profit was $1.1B, a 17.6% margin (up 6.1 points year over year). Of the extra revenue versus Q2 FY26, 63% reached operating profit, above the 12% margin then. Total costs grew 6% against revenue growth of 13%. The fastest-growing cost line was SG&A (+14%). Net earnings were $0.85B, up 68% year over year. The effective tax rate was 25.0%.
Operating cash flow was $0.88B (up 31% year over year), 103% of net earnings. Non-cash charges added back $0.14B of depreciation and amortization and $0.05B of share-based compensation. Working capital and other items used $0.16B. Capital expenditures of $0.25B left free cash flow of $0.62B.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q2 FY27 | 10-Q | Sep 1, 2026 | $6.3B | +13% | 17.6% | $851M | $876M |
| Q1 FY27 | 10-Q | Jun 2, 2026 | $6.0B | +21% | 13.4% | $650M | $836M |
| Q4 FY26 | 10-K | Mar 31, 2026 | $6.6B | +12% | 12.3% | $646M | $1.1B |
| Q3 FY26 | 10-Q | Dec 10, 2025 | $5.6B | +10% | 11.6% | $512M | $827M |
| Q2 FY26 | 10-Q | Sep 10, 2025 | $5.5B | +5% | 11.5% | $508M | $668M |
| Q1 FY26 | 10-Q | Jun 11, 2025 | $5.0B | +3% | 12.2% | $479M | $410M |
| Q4 FY25 | 10-K | Apr 1, 2025 | $5.9B | -2% | 12.4% | $587M | $883M |
Charts
Interactive views
The same charts as the app — open one to draw it.
💵Where each $1 goesinteractive
Loading the interactive chart…
🌏Named in Asian annual reportsinteractive
Loading the interactive chart…
🔄Rotation against the market and its industry (RRG)interactive
Loading the interactive chart…
🔍Earnings qualityinteractive
Loading the interactive chart…
⚖️Fair value by methodinteractive
Loading the interactive chart…
🔭Outlook & guidanceinteractive
Loading the interactive chart…
📈Investments: gains and what it boughtinteractive
Loading the interactive chart…
🏭Its industry’s money flow (input-output)interactive
Loading the interactive chart…
Customers and suppliers named in filings
Buys from
About Ross Stores
Ross Stores, Inc. and its subsidiaries (“we”, “our”, or the “Company”) operate two brands of off-price retail apparel and home fashion stores—Ross Dress for Less ® (“Ross”) and dd’s DISCOUNTS ® . Ross is the largest off-price apparel and home fashion chain in the United States, with 1,904 locations in 44 states, the District of Columbia, Guam, and Puerto Rico as of January 31, 2026. Ross offers first-quality, in-season, brand name and designer apparel, accessories, footwear, and home fashions for the entire family at savings of 20% to 60% off department and specialty store regular prices every day. Ross’ target customers are primarily from middle income households.
In its own words, from its 10-K, filed Mar 31, 2026.
Ross Stores against its Retail-Family Clothing Stores peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +13% against the peers' median +5%. Operating margin: 17.6% against the peers' median 17.4%.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| ROST Ross Stores | Q2 FY27 | $6.3B | +13% | 17.6% |
| TJX TJX Companies | Q2 FY27 | $15.2B | +5% | 13.3% |
| GAP Gap | Q2 FY27 | $3.7B | -2% | 18.5% |
| URBN Urban Outfitters | Q2 FY27 | $1.7B | +10% | 17.4% |
| AEO American Eagle Outfitters | Q2 FY27 | $1.4B | +8% | 15.3% |
| ANF Abercrombie & Fitch | Q2 FY27 | $1.3B | +5% | 19.9% |
| BKE Buckle | Q2 FY27 | $320M | +5% | 17.4% |
| LE Lands'' End | Q2 FY27 | $269M | +5% | 3.0% |
| PLCE Childrens Place | Q2 FY27 | $242M | -19% | -5.4% |
Source: Ross Stores 10-Q on SEC EDGAR · CIK 745732 · Retail-Family Clothing Stores
Guidance and outlook
13F: who owns ROST and who is buying
More on ROST
History
Every quarter: Q2 FY27 results · Q1 FY27 results · Q4 FY26 results · Q3 FY26 results · Q2 FY26 results · Q1 FY26 results · Q4 FY25 results