Filing Flows › Ross Stores (ROST) › Q1 FY27
Ross Stores (ROST) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Jun 2, 2026
Ross Stores (ROST) reported revenue of $6.0B for the first quarter fiscal 2027 (Q1 FY27), +21% from a year earlier and -9% from the quarter before. Operating margin was 13.4%, net earnings $650M (10.8% of revenue).
Ross Stores, Q1 FY27: revenue $6.0B (+21% year over year), operating margin 13.4%, net earnings $650M, operating cash flow $836M. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $6.0B | -9% | +21% |
| Operating profit | $804M | -1% | +33% |
| Net earnings | $650M | +0.6% | +36% |
| Operating cash flow | $836M | -25% | +104% |
| Free cash flow | $627M | -32% | +210% |
What changed
Revenue was $6.0B in Q1 FY27, up 21% year over year and down 9% from the previous quarter.
Operating profit was $0.80B, a 13.4% margin (up 1.2 points year over year). Of the extra revenue versus Q1 FY26, 19% reached operating profit, above the 12% margin then. Total costs grew 19% against revenue growth of 21%. The fastest-growing cost line was SG&A (+22%). Net earnings were $0.65B, up 36% year over year. The effective tax rate was 22.4%.
Operating cash flow was $0.84B (up 104% year over year), 129% of net earnings. Non-cash charges added back $0.13B of depreciation and amortization and $0.06B of share-based compensation. Capital expenditures of $0.21B left free cash flow of $0.63B.
Questions
What was Ross Stores' revenue in the first quarter fiscal 2027?
Ross Stores (ROST) reported revenue of $6.0B for the first quarter fiscal 2027 (Q1 FY27), +21% from a year earlier and -9% from the quarter before.
Was Ross Stores profitable in the first quarter fiscal 2027?
Operating profit was $804M (13.4% of revenue) and net earnings $650M.
Source: Ross Stores 10-Q on SEC EDGAR.