Overview
- Fourth-quarter sales rose 12% to $6.6 billion with comparable sales up 9%, net income of $646 million, EPS of $2.00, and an operating margin of 12.3%.
- Full-year results reached a record $22.8 billion in sales and $6.61 in EPS, with operating income increasing to $2.7 billion.
- Management guided to Q1 comparable sales growth of 7% to 8% and EPS of $1.60 to $1.67, and for the full year projected 3% to 4% comps and EPS of $7.02 to $7.36 with operating margins of roughly 12% to 12.3%.
- The company plans approximately 110 new stores in 2026, boosting dd’s Discounts openings from 10 to 25, alongside about $1.1 billion in capital spending for supply chain projects, store upkeep, and expanded self-checkout.
- Ross completed a $2.1 billion share repurchase program and authorized a new $2.55 billion plan for 2026–2027, while shares have climbed roughly 56% over the past year to an all-time high.