Ross Stores

An Evercore analysis shows that long-term investors continue to underweight the US softlines sector; the allocation of the 25 largest S&P 500 funds is about 76% of the index weighting. Ross Stores records a notable overweight and was held at 103% of its index weight at the end of June, the largest lead over TJX in at least three years. Evercore ranks Ross Stores among the top five outperformers and expects initiatives in the second half of 2026 could accelerate space-adjusted sales growth. » More on de.investing.com

Ross Stores delivered a 13% revenue increase in the second quarter to $6.3 billion, raised its full‑year outlook and reported adjusted earnings per share of $2.66 (including a $0.60 special item). Technical analysis based on Elliott waves indicates the end of a five-part upward impulse at $257 and forecasts an ABC correction with an initial support target around $228. After the correction concludes, the projection sees new targets near $294 and $309, supported by store expansion and strong comparable sales. » More on deraktionaer.de

Ross Stores reported a 10% comparable‑sales increase, total sales up 13% to $6.3 billion, and net income of $851 million with EPS of $2.66, and raised guidance to 6%–7% comp growth for Q3 and 4%–5% for Q4. TJX posted 4% comparable‑sales growth and $15.2 billion revenue with EPS of $1.36, but its core Marmaxx division grew just 1% and management expects only 2%–3% comps in Q3 and 3%–4% for the full year. Markets rewarded Ross's stronger traffic‑driven momentum and firmer second‑half outlook while penalizing TJX on its slower U.S. banner performance. » More on finance.yahoo.com