Ross Stores Inc. delivered expected profit and revenue results during the second quarter of fiscal 2025.
The parent company of off-price retailers Ross Dress for Less and DD’s Discounts reported net earnings of $508 million, down roughly 4% from $527.1 million in the first quarter of fiscal 2024. Earnings per share totaled $1.57, down from $1.60 year-over-year.
Included in Ross Stores ’ second-quarter earnings is an approximate $0.11 per share negative impact from tariff-related costs. Total sales for the 2025 second quarter increased 5% to $5.5 billion, up from $5.3 billion for the same period in 2024, with comparable store sales up 2% from the prior year.
All of these results were in line with Wall Street expectations. The company remains on track to buy back a total of