Zacks Research upgraded Ross Stores stock to Strong Buy

Published on 10/08/2026 at 16:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Earnings hit USD 2.66 per share versus USD 1.95 consensus. Ross Stores stock costs EUR 200.90 on October 8, 2026, minus 0.27 percent versus EUR 201.45.

Key points in brief

Zacks Research moved Ross Stores from Hold to Strong Buy in a report covered on October 8, 2026.
Second-quarter revenue reached USD 6.26 billion and earnings per share were USD 2.66.
The Lang and Schwarz quote was EUR 200.90 on October 8, 2026, minus 0.27 percent versus EUR 201.45.
Ross Stores expanded its board to 10 members effective October 1, 2026.

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MarketBeat reported on October 8, 2026 that Zacks Research had upgraded Ross Stores from Hold to Strong Buy. Ross Stores stock was trading at EUR 200.90 at Lang and Schwarz on October 8, 2026 at 4:39 p.m. CEST, down 0.27 percent versus the prior close of EUR 201.45.

Zacks rating shifts to Strong Buy

The rating change is the latest identifiable analyst signal for the off-price retailer. MarketBeat said Zacks Research moved the stock from Hold to Strong Buy, while its survey showed 1 Strong Buy, 15 Buy and 5 Hold ratings. The same overview put the consensus price target at USD 263.76, compared with the primary-exchange quote of USD 224.94 at 10:48 a.m. EDT on October 8, 2026.

Second-quarter numbers set the backdrop

Ross Stores reported USD 6.26 billion of revenue and USD 2.66 in earnings per share for the second quarter ended August 1, 2026. According to MarketBeat, revenue exceeded the USD 6.16 billion consensus estimate, while earnings per share exceeded the USD 1.95 estimate by USD 0.71. Revenue was up 13.30 percent from the same quarter a year earlier.

The financial data show net income of USD 851.3 million and an 18.00 percent operating margin for the second quarter. The combination of a quantified earnings surprise and a new Strong Buy rating gives the market a clearer operating benchmark than the modest 0.27 percent euro decline alone.

Three dated Ross Stores milestones

On August 20, 2026, the company reported second-quarter revenue of USD 6.26 billion and earnings per share of USD 2.66. On September 17, 2026, Ross Stores announced two director appointments and a board expansion to 10 members through PR Newswire. Effective October 1, 2026, Shelley H. Bransten and Christian B. Johnson joined the board, while Sharon D. Garrett retired, as detailed in the SEC filing.

What dates matter next?

Ross Stores lists new stores opening on October 10, 2026, according to the company website at Ross Stores. Zacks lists November 19, 2026 as the estimated next earnings release date and forecasts USD 1.82 in earnings per share for the quarter ending October 2026.

Ross Stores stock stays near its yearly range

The primary Nasdaq quote was USD 224.94 at 10:48 a.m. EDT on October 8, 2026, with a 52-week range of USD 147.49 to USD 257.00 and market capitalization of USD 72.2 billion. For investors, the key contrast is between the latest quarterly earnings surprise and the euro quote, which remained EUR 0.55 below its Lang and Schwarz prior close.

The further course of trading is shown by the continuously updated real-time quote of Ross Stores stock.