Ross Stores Likely To Report Lower Q1 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Ross Stores, Inc. ROST will release its first-quarter earnings results after the closing bell on Thursday, May 22.

Analysts expect the Dublin, California-based company to report quarterly earnings at $1.43 per share, down from $1.46 per share in the year-ago period. Ross Stores projects to report quarterly revenue at $4.96 billion, compared to $4.86 billion a year earlier, according to data from Benzinga Pro.

On Wednesday, Ross Stores declared a regular quarterly cash dividend of 40.5 cents per common share.

Ross Stores shares fell 1% to close at $152.68 on Wednesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

• Telsey Advisory Group analyst Dana Telsey maintained a Market Perform rating with a price target of $150 on May 16, 2025. This analyst has an accuracy rate of 61%.
• Wells Fargo analyst Ike Boruchow maintained an Overweight rating and raised the price target from $150 to $155 on May 14, 2025. This analyst has an accuracy rate of 72%.
• Barclays analyst Adrienne Yih maintained an Overweight rating and boosted the price target from $150 to $157 on May 12, 2025. This analyst has an accuracy rate of 65%.
• Morgan Stanley analyst Alex Straton maintained an Equal-Weight rating and slashed the price target from $130 to $128 on May 6, 2025. This analyst has an accuracy rate of 69%.
• JP Morgan analyst Matthew Boss maintained an Overweight rating and cut the price target from $166 to $161 on April 14, 2025. This analyst has an accuracy rate of 69%.

Considering buying ROST stock? Here’s what analysts think: