Ross Stores Expands Store Count, Raises Revenue and Earnings Growth Prospects

Ross Stores (ROST) has kicked off its fiscal 2026 expansion plan with 17 new locations across 11 states. The expansion is expected to add about 110 stores and lift total units by 5%. Analysts are bullish on the stock, with a narrative fair value of $229.81 and a 1-year total shareholder return of 72.65%. However, the earnings multiple of 31.8x is above the US Specialty Retail industry and peers.