Ross Stores reported a 10% increase in sales for Q3, reaching $5.6bn, with a 7% rise in comparable store sales attributed to brand-focused merchandise and a new marketing campaign. CEO Jim Conroy highlighted strong back-to-school sales and broad-based growth. Earnings per share rose to $1.58, with a $0.05 impact from tariffs.

For the first nine months of 2025, Ross Stores reported EPS of $4.61 on net income of $1.5bn, including a $0.16 impact from tariffs. Sales reached $16.1bn, with a 3% increase in comparable store sales. The company expects Q4 comparable store sales to rise 3-4% and EPS between $1.77 and $1.85.

Ross Stores raised its FY25 EPS guidance to $6.38 to $6.46, accounting for year-to-date results and Q4 forecast adjustments. The updated outlook includes a $0.16 impact from tariffs, expected to be minimal in the fourth quarter. Strong holiday positioning, easing tariff impacts, and recent sales trends influenced the decision to raise guidance.

CEO Jim Conroy expressed optimism for the holiday season, citing the focus on quality, branded goods at great value. The company’s approach has gained traction with consumers amid rising prices in retail. Ross Stores’ teams are prepared for the holidays, with marketing campaigns building excitement to capture more market share.

Read more at Yahoo Finance: Ross Stores lifts FY2025 outlook on strong Q3 earnings, sales