On August 21, Ross rose 4.99% in regular trading, trading at $239.25/share, with turnover of $173 million. The surge follows the company's fiscal Q2 earnings report that significantly exceeded market expectations, prompting a substantial upward revision to full-year guidance.

Ross reported Q2 EPS of $2.66, beating the analyst consensus estimate of $1.94-$1.95 by approximately 37%, representing a 70.5% year-over-year increase. Revenue came in at $6.265 billion, surpassing the $6.16-$6.18 billion estimate. Comparable store sales grew 10%, marking a second consecutive quarter of double-digit gains driven by strong traffic increases — Placer.ai data indicated Ross store visits rose 16.4% year-over-year during Q2.

The company raised its full-year EPS guidance to $8.61-$8.77, well above the prior forecast of $7.50-$7.74 and the Wall Street consensus of $7.89, benefiting from robust customer traffic and tariff-related refunds. Ross also increased its new store opening plan to 115 locations and repurchased 1.4 million shares for $319 million during the quarter.

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