Ross Stores reported a solid QQ2 2025 with a revenue run-rate of approximately USD 5.53 billion, marking a year-over-year growth of 4.6% and sequential (quarter-over-quarter) growth of 10.9%. Gross profit reached USD 1.5269 billion, yielding a gross margin of 27.6%, a slight compression versus the year-ago quarter, while operating income was USD 638.3 million and net income USD 508.0 million. Diluted EPS stood at USD 1.56–1.57. The quarter underscored the durability of Ross’s off-price model in a mixed macro environment and highlighted robust cash generation, with operating cash flow of USD 668.4 million and free cash flow of USD 466.6 million. The company ended QQ2 2025 with USD 3.914 billion in cash and short-term investments and a net debt position of USD 1.221 billion, supported by a strong balance sheet (total assets USD 14.495 billion, total equity USD 6.012 billion). Management commentary (where available) and capital allocation suggesting ongoing buybacks and steady dividend activity complemented the earnings picture.