---
schema_version: "secwatch.filing_event.v1"
accession: "0000745732-22-000029"
form_type: "8-K"
ticker: "ROST"
cik: "0000745732"
company_name: "ROSS STORES, INC."
filed_at: "2022-05-19T23:59:59+00:00"
generated_at: "2026-06-25T09:32:49.104922+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Ross Stores Q1 EPS $0.97 vs $1.34; cuts FY2022 outlook as sales decline 7%

## Summary
- Q1 EPS $0.97 ($338M net income) vs $1.34 last year; includes $0.06 benefit from expense timing.
- Q1 sales $4.3B, down from $4.5B; comparable store sales -7% on top of +13% prior year.
- Operating margin 10.8% vs 14.2% due to lower sales, higher freight and wage costs.
- Q2 guide: same store sales -4 to -6%, EPS $0.99-$1.07 vs $1.39.
- FY2022 guide: comps -2 to -4%, EPS $4.34-$4.58 vs $4.87; cites inflation, geopolitical uncertainty.

## SEC filing metadata
- accession: 0000745732-22-000029
- form_type: 8-K
- ticker: ROST
- cik: 0000745732
- company_name: ROSS STORES, INC.
- filed_at: 2022-05-19T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/745732/000074573222000029/0000745732-22-000029-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/745732/000074573222000029/rost-20220519.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000745732-22-000029
- JSON: https://secwatch.observer/filing/0000745732-22-000029.json
- Plain text: https://secwatch.observer/filing/0000745732-22-000029.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.