| Quarter | Call date | Disclosure | Financial quality | Kept | Missed | |
|---|---|---|---|---|---|---|
| Q1'27 | May 21, 2026 | 10/12 | 6 low flags | 2 | 1 | Call sheet → |
| Q2'26 | August 20, 2026 | 4/12 | 2 high, 3 medium, 1 low flags | 0 | 0 | Call sheet → |
| Q1'26 | May 22, 2025 | 6/12 | 1 high, 4 medium, 2 low flags | 1 | 4 | Call sheet → |
| Q4'25 | March 3, 2026 | 10/12 | 1 medium, 6 low flags | 7 | 0 | Call sheet → |
| Q3'25 | November 20, 2025 | 11/12 | 4 medium, 2 low flags | 6 | 0 | Call sheet → |
| Marked | Status | Promise |
|---|---|---|
| Q1'27 | Missed | Store refresh program continuation after evaluating learnings Program paused after completing half the chain, timeline now unclear |
| Q1'27 | Pending | Self-checkout expansion based on positive pilot results Still planned for more stores given continued positive results |
| Q1'27 | Pending | $7.02-7.36 EPS guidance for full year Raised to $7.50-7.74 after Q1 outperformance |
| Q1'27 | Pending | 110 new stores for 2026 (85 Ross, 25 dd's) On track with 17 Q1 openings, 47 planned for Q2 |
| Q1'27 | Exceeded | 3-4% full year comp guidance for 2026 Raised to 6-7% after Q1 beat, already tracking above new range |
| Q1'27 | Exceeded | 7-8% Q1 comp guidance Delivered 17% comp, more than doubled the high end of guidance range |
| Q2'26 | Pending | In Q1, management promised to “maintain a pricing umbrella below mainstream retailers” despite inflation No explicit price‑change guidance provided in Q2; pricing remains largely unchanged but no data to verify |
| Q1'26 | Delivered | $1.275 billion annual stock repurchase program On track with new $2.55B two-year authorization approved, showing capital allocation discipline |
| Q1'26 | Missed | Marketing campaign driving higher customer engagement and traffic Stopped mentioning marketing impact, suggests it wasn't delivering promised results |
| Q1'26 | Missed | Strong momentum continuing into Q1 2026 Delivered flat comps despite claiming sequential improvement through Q1 |
| Q1'26 | Pending | 5% total store base growth Still mathematically possible with 90 openings but suggests slower growth trajectory |
| Q1'26 | Missed | 110 new store openings in 2026 (85 Ross, 25 dd's) Quietly scaled back to approximately 90 stores (80 Ross, 10 dd's) without explanation |
| Q1'26 | Missed | Full-year 2026 same-store sales up 3-4% and EPS $7.02-$7.36 Completely withdrew this guidance after one quarter, citing 'too many unknown variables' |
| Q4'25 | Delivered | Marketing campaign momentum Continued strong traffic growth and customer engagement |
| Q4'25 | Delivered | Ladies business improvement Returned to strength in Q3, performed in line with chain in Q4 |
| Q4'25 | Delivered | New store productivity improvements Confirmed 'one of our best years in a while' for new store productivity |
| Q4'25 | Exceeded | dd's reacceleration 25 stores planned for 2026 vs 10 in 2025, major acceleration |
| Q4'25 | Delivered | Self-checkout expansion after positive results Now in 80 stores and expanding further in 2026 |
| Q4'25 | Delivered | Store refresh program continuing Confirmed halfway through chain, though no specific completion timeline given |
| Q4'25 | Delivered | Tariff-related costs in Q4 to be negligible Q4 impact was indeed negligible after Q3 guidance |
| Q3'25 | Delivered | Maintain value proposition relative to traditional retailers AUR increases remained modest while maintaining traffic growth |
| Q3'25 | Exceeded | Well-positioned for back half of year Q3 results and raised Q4 guidance exceed 'well-positioned' framing |
| Q3'25 | Delivered | Store refresh program halfway completion by year-end Confirmed halfway through chain with 2026 completion on track |
| Q3'25 | Delivered | Ladies business branded strategy would show results Ladies now comp-enhancing vs drag in prior quarters, validating investment thesis |
| Q3'25 | Delivered | Sequential improvement in sales trends +7% comp vs +2% in Q2 represents 500 bps acceleration as promised |
| Q3'25 | Exceeded | Tariff mitigation would improve through the year Q4 impact dropped to negligible vs modest pressure expected, full-year cost $0.15 vs $0.22-0.25 range |
Get free previews of our earnings-call research: the key changes, management scores, and questions worth investigating. Subscribe for full call sheets and deeper analysis.
Subscriptions are managed by Substack. If the form does not load, subscribe directly. Or follow the RSS feed.