Jim Cramer Discussed Ross Stores, Inc. (NASDAQ:ROST) & TJX

Ross Stores reported a 10% increase in comparable sales for Q2 2027, with total sales rising 13% to $6.3B. Net income increased to $851M, and EPS of $2.66 exceeded guidance. Ross raised its outlook, expecting 6-7% comparable sales growth in Q3. TJX reported a 4% increase in comparable sales, with revenue up 5% to $15.2B and EPS up 24% to $1.36. Despite raising its full-year outlook, TJX's stock fell due to slowing growth in its Marmaxx division. Ross's stock rose over 4%, while TJX's stock decli

Ross Stores reported Q2 2026 earnings of $2.66 per share, beating expectations and raising its full-year outlook to $8.61-$8.77 per share. Revenue rose 13% to $6.26 billion, with comparable store sales up 10%. The company also increased its store opening plans and share buyback program. Ross stock rose 8% in late trading.

U.S. stocks rose Friday, trimming weekly losses. The S&P 500 gained 0.4%, Dow +1%, Nasdaq +0.4%. Ross Stores led gains with a 4.4% rise after strong earnings. Bitcoin surged above $77,000, boosting crypto-related stocks like Robinhood and Coinbase. Treasury yields climbed, with the 10-year yield at 4.73%. Oil prices rose to $92.67 per barrel. Newmont and Freeport-McMoRan gained, while OSI Systems dropped 5.2% on weak earnings.

Ross Stores reported 10% comparable store sales growth in Q2 2026, driven by increased traffic and transaction volume. The company expanded its customer base and broadened merchandise offerings. Full-year EPS guidance was raised to $8.61-$8.77. Ross plans to open 115 new stores in 2026 and anticipates Q3 and Q4 sales growth of 6-7% and 4-5%, respectively. Q2 results included a $253 million tariff refund benefit. Management expressed confidence in sustaining growth despite challenging comparisons

Ross Stores (ROST) shares rose 8% after-hours after reporting Q2 sales of $6.3B (+13% YoY) and EPS of $2.66, including a $0.60 tariff benefit. The company raised its full-year EPS guidance to $8.61-$8.77. CEO Jim Conroy attributed the growth to increased customer traffic and strong merchandise performance, particularly in home and cosmetics. Ross plans to open 115 new stores in 2026 and has a $2.55B share repurchase program.

Ross Stores (ROST) shares rose after reporting fiscal Q2 2026 sales up 13% YoY to $6.3B, comparable store sales up 10%, and net income up to $851M. CEO Jim Conroy attributed growth to merchandise, marketing, and in-store experience. The company plans to open 115 new stores in 2026 and projects full-year EPS of $8.61-$8.77.