Ross Stores (NASDAQ: ROST) stock fell over 2% before it reported its Q2 2026 earnings. That's when the story changed. ROST jumped roughly 8% in extended trading after the company delivered results that analysts deemed better-than-expected.
The report came the day after TJX Companies (NYSE: TJX) delivered its earnings report. The headline numbers were fine, but the company reported some softness in its Marmaxx business (the combination of TJMaxx, Marshalls, and Sierra stores, as well as their e-commerce sales), which only delivered a 1% increase in comparable store sales.