CEOInterviews.AI
Start App
Try: AI strategy tariffs earnings guidance layoffs interest rates growth

William Sheehan

Executive Vice President, Chief Financial Officer, Ross Stores

Search every verified William Sheehan interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. William Sheehan, executive vice president and chief financial officer at Ross Stores, participated in the company’s Q2 FY26 earnings call on May 21, 2026. During the call, he reported that total sales grew 13% to $6.3 billion in the quarter, with comparable store sales up 10% driven by higher customer traffic. He attributed the gross margin improvement of 625 basis points primarily to 405 basis points of tariff refunds, while merchandise margin increased by 110 basis points and distribution costs were lower by 100 basis points due to favorable timing of packaway-related expenses, higher productivity, and the anniversary of prior-year tariff-related processing costs. Sheehan also addressed the company’s financial outlook, noting that management had raised its 2026 store opening guidance to 115 new locations and planned $1.275 billion in stock buybacks for the year. He mentioned that the company was working within its existing financial structure, aside from minor adjustments, and reiterated that the model of 10 to 15 basis points of margin impact per 1% of comparable sales growth remained in place. He also acknowledged higher incentive costs and a 10 basis point increase in freight costs due to rising fuel prices as noted risks.

Recent appearances

  • ROSS STORES, INC. Q2 FY26 Earnings Call | Full Recording | ROST

    August 20, 2026 · 📺 Alfa finder USA

    Full ROSS STORES, INC. (ROST) Q2 FY26 earnings call — complete recording with CEO/CFO commentary and analyst Q&A. 📰 Ross Stores Raises 2026 Expansion Target to 115 New Locations 📈 Growth: Total sales grew 13% to $6.3 billion in Q2, with comparable store sales increasing 10% driven by higher customer traffic. ⚠️ Risks: Management noted higher incentive costs and a 10 basis point increase in freight costs due to rising fuel prices. 🎯 Outlook: The company increased its 2026 store opening guidance to 115 locations and plans $1.275 billion in stock buybacks for the year. Q2 FY26 Results EPS: $2.…

    Watch on YouTube ↗

  • Ross Stores Q1 FY26 Earnings Call | $ROST | 🔴 WATCH LIVE

    May 21, 2026 · 📺 Benzinga

    Ross Stores Inc (ROST) — Q1 FY26 Earnings Call Live coverage with Benzinga. Q1 FY26 Results EPS: $2.02 (est. $1.68) — inline Revenue: $6.01B (est. $5.57B) — inline Reported: 2026-05-21 Recent Quarters Q4 FY25 (2026-03-03): EPS $2.00 vs est $1.89 · Rev $6.64B vs est $6.42B Q3 FY25 (2025-11-20): EPS $1.58 vs est $1.41 · Rev $5.60B vs est $5.41B Q2 FY25 (2025-08-21): EPS $1.56 vs est $1.53 · Rev $5.53B vs est $5.54B Q1 FY25 (2025-05-22): EPS $1.47 vs est $1.43 · Rev $4.99B vs est $4.96B About Ross Stores Inc Ross Stores, founded in 1982, is a US-focused off-price apparel and home fashion reta…

    Watch on YouTube ↗

  • $ROST Ross Stores Q4 2025 Earnings Conference Call

    March 03, 2026 · 📺 EARNMOAR

    03/03/2026 Q&A: 16:06 Ross Stores, Inc., together with its subsidiaries, operates off-price retail apparel and home fashion stores under the Ross Dress for Less and dd's DISCOUNTS brands in the United States. The company offers apparel, accessories, footwear, and home fashions products. It sells its products to middle income households and households with lower to more moderate incomes. Ross Stores, Inc. was incorporated in 1957 and is headquartered in Dublin, California. #rossstores #earningscall #fundamentalanalysis #rost #investing

    Watch on YouTube ↗

  • $ROST Ross Stores Q3 2025 Earnings Conference Call

    November 20, 2025 · 📺 EARNMOAR

    11/20/2025 Q&A: 11:35 Ross Stores, Inc., together with its subsidiaries, operates off-price retail apparel and home fashion stores ...

    Watch on YouTube ↗

The summary and quote tags on this profile are produced with AI assistance from verified, first-person interview transcripts, then checked by our team to confirm the speaker's identity and the accuracy of every quote. See how we verify →