---
schema_version: "secwatch.filing_event.v1"
accession: "0000745732-22-000047"
form_type: "8-K"
ticker: "ROST"
cik: "0000745732"
company_name: "ROSS STORES, INC."
filed_at: "2022-08-18T23:59:59+00:00"
generated_at: "2026-06-23T22:56:37.188051+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Ross Stores Q2 EPS $1.11 down 20%; comps -7%; cuts FY2022 guidance to $3.84-$4.12

## Summary
- Q2 EPS $1.11 vs $1.39 last year; net income $385M vs $494M.
- Sales $4.6B, -4% YoY; comparable store sales -7% on top of +15% prior year.
- Operating margin 11.3% vs 14.1%, hurt by deleveraging, higher markdowns, freight costs.
- Repurchased 2.9M shares for $235M in Q2; FY2022 buyback plan $950M.
- FY2022 EPS guided $3.84-$4.12 (vs $4.87); Q3 EPS $0.72-$0.83; Q4 $1.04-$1.21.

## SEC filing metadata
- accession: 0000745732-22-000047
- form_type: 8-K
- ticker: ROST
- cik: 0000745732
- company_name: ROSS STORES, INC.
- filed_at: 2022-08-18T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/745732/000074573222000047/0000745732-22-000047-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/745732/000074573222000047/rost-20220818.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000745732-22-000047
- JSON: https://secwatch.observer/filing/0000745732-22-000047.json
- Plain text: https://secwatch.observer/filing/0000745732-22-000047.txt

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