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Ross Stores, Inc. (ROST) Q1 2026 Earnings Call Transcript

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Ross Stores, Inc. (ROST) Q1 2026 Earnings Call May 21, 2026 4:15 PM EDT

Company Participants

James Conroy – CEO & Director
William Sheehan – Executive VP & CFO
Michael Hartshorn – Group President, COO & Director

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Conference Call Participants

Matthew Boss – JPMorgan Chase & Co, Research Division
Lorraine Maikis – BofA Securities, Research Division
Tracy Kogan – Citigroup Inc., Research Division
Corey Tarlowe – Jefferies LLC, Research Division
Michael Binetti – Evercore ISI Institutional Equities, Research Division
Charles Grom – Gordon Haskett Research Advisors
Brooke Roach – Goldman Sachs Group, Inc., Research Division
Mark Altschwager – Robert W. Baird & Co. Incorporated, Research Division
Dana Telsey – Telsey Advisory Group LLC
Simeon Siegel – Guggenheim Securities, LLC, Research Division
Krisztina Katai – Deutsche Bank AG, Research Division
Aneesha Sherman – Bernstein Institutional Services LLC, Research Division
Marni Shapiro – The Retail Tracker
Dylan Carden – William Blair & Company L.L.C., Research Division

Presentation

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Operator

Good afternoon, and welcome to the Ross Stores First Quarter 2026 Earnings Release Conference Call. [Operator Instructions]

Before we get started, on behalf of Ross Stores, I would like to note that the comments made on this call will contain forward-looking statements regarding expectations about future growth and financial results, including sales and earnings forecasts, new store openings and other matters that are based on the company’s current forecast of aspects of its future business. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from historical performance or current expectations. Risk factors are included in today’s press release and the company’s fiscal 2025 Form 10-K and fiscal 2026 Form 8-Ks on file with the SEC.

And now I’d like to turn the call over to Jim Conroy, Chief Executive Officer.

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James Conroy
CEO & Director

Thank you, John, and good afternoon, everyone. Joining me on our call today are Michael Hartshorn, Group President and

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